In a move that sent Twitter’s stock soaring more than 27%, Tesla CEO Elon Musk disclosed a 9.2% stake in Twitter Inc., worth nearly $3 billion. This makes Musk Twitter’s largest shareholder and gives the micro-blogging site a significant boost.
After tweeting about building a new social media platform and questioning Twitter’s commitment to free speech, Tesla CEO Elon Musk has revealed in a regulatory filing that he is considering a new social media platform.
The social media platform has been working on an edit button for some time, and he started a poll asking Twitter users if they want it. Next, CEO Parag Agrawal called on all customers and prospects to “vote carefully.”.
An edit option was supported by over 75% of the poll’s participants within the first two hours of its launch.
Elon Musk’s biography:
If you’re a fan of new technology and space exploration, you may already know some of these interesting facts about Elon Musk.
Elon Musk was born in South Africa on June 28th, 1971. Elon Musk is a citizen of three countries: his native South Africa, Canada, and the United States.
For $500, he sold the code for a BASIC-based video game, called Blastar, to PC and Office Technology magazine. The game is available online in a web-based version.
He co-founded Zip 2 with his brother, a software development firm. It worked in a similar manner to Google Maps. The COMPAQ company paid $ 22 million for the sale of Tesla’s second vehicle, the Tesla Model S, to Musk.
It was founded by Elon Musk with a capital investment of $10 million in 1999. When x.com and Confinity merged a year after each other, they became one company. It was later renamed to PayPal. A total of $1.5 billion was paid by eBay to acquire PayPal in 2002, with Elon Musk owning a stake worth $165 million of that total.
When Tesla was founded in 2008, CEO Elon Musk became the company’s second-largest supplier of solar power systems in the United States.