Elon Musk Becomes Twitter’s Largest Shareholder With 9.2% Stake

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.

Related Posts

John Leguizamo Speaks Out Against James Franco’s Reported Casting as Fidel Castro: ‘He Ain’t Latino!’

Following reports that James Franco has been chosen to portray Cuban revolutionary Fidel Castro in the upcoming movie Alina of Cuba, John Leguizamo has called for a boycott of the…

Read more

Kim Kardashian and Pete Davidson Break Up After 9 Months Together

Pete Davidson and Kim Kardashian have ended their relationship. According to a source, the couple, who met while Kim hosted Saturday Night Live in October 2021, have split up following…

Read more

3 People Dead, 1 Injured After Lightning Strike Near White House

A Wisconsin husband and wife who had been married for more than 50 years were murdered by lightning outside the White House. One victim is being treated at a hospital…

Read more
Instagram Followers Free

Instagram Followers Free: How Can You Obtain Instagram Followers in 5 Minutes? Latest Updates!

Instagram has established itself as a crucial component of many companies social media strategies, enabling them to boost conversions, attract a larger audience, and eventually enhance their online marketing revenue….

Read more

Bill Maher Navigates Summer Doldrums In ‘Real Time’

It’s that time of year again: schools are closed, people are on vacation, and the weather is often unpleasant. Bill Maher‘s Real Time segment last night should be excused because…

Read more
How to Change Instagram Name

How to Change Instagram Name: Here Some Amazing Steps to Change Username From Instagram!

Despite being one of the most fundamental aspects of our social media lives, usernames are essential to our capacity to be found and recognized on many sites. They frequently act…

Read more