Breaking!!! Elon Musk Buys $2.4B In Twitter Stock – Becomes ‘Largest Shareholder’

Elon Musk Buys $2.4B In Twitter Stock – Becomes 'Largest Shareholder'

SAN FRANCISCO, CA. (THECOUNT) — Elon Musk has bought a staggering 9.2-percent stake in Twitter, valued at $2.89 billion, in accordance with Monday experiences.

Twitter inventory is up over 21% in pre-market buying and selling as of this writing. Whereas Musk doesn’t personal Twitter outright, he owns extra of Twitter than anybody else. It will be silly to consider he’s going to cease there.

In hindsight, the indicators had been there. Musk started sharing memes evaluating new CEO Parag Agrawal to Joseph Stalin the day Agrawal was introduced to the place. You don’t make a $3 billion buy on a whim, experiences LWC.

As of this writing, Musk has but to tweet about his buy. Don’t act such as you weren’t questioning what meme he was going to make use of.