The world’s richest man, Elon Musk, is now Twitter’s largest shareholder. An SEC filing has revealed.
Two weeks ago, he seemingly hinted at this acquisition in a series of Tweets arguing that the platform didn’t adhere to the principles of Free Speech.
Musk has acquired over 73 million shares giving him 9.2% stake of the company. That’s close to four times the amount Jack Dorsey, Twitter’s Founder, holds.
Twitter stock is currently up over 20%.