Elon Musk Buys Twitter Stake According to an SEC filing pu | Startups & VC

Elon Musk Buys Twitter Stake

According to an SEC filing published on Monday, Musk had acquired 73.5 million shares of Twitter common stock by March 14, making him the company’s largest shareholder with a 9.2 percent stake.

After the news of his investment broke, Twitter’s share prices surged 27 percent, adding roughly $780 million to his stake