Twitter Shares Soar More Than 25% after Elon Musk Takes 9% Stake in It

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Twitter Shares Soar More Than 25% after Elon Musk Takes 9% Stake in It

Tiger Newspress2022-04-04

Twitter shares soar more than 25% after Elon Musk takes 9% stake in it.Musk owns 73,486,938 shares of Twitter, which represents a 9.2% stake in the company, according to the Securities and Exchange Commission filing.

The stake is worth more than $2.8 billion, based Twitter’s closing price on Friday.

Musk is a frequent user of Twitter and has more than 80 million followers on the platform. However, some of his tweets have gotten the Tesla chief into hot water over the years.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Jess261
·2022-04-05
Okay
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1
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Dawang
·2022-04-05
Rocketing now. 80m follows Musk. 😂😂
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3
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CL777
·2022-04-05
Madness
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4
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Seah CL
·2022-04-05
K
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Samuel123win
·2022-04-05
JJ
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DingDang
·2022-04-05
Buy!
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4
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Aloynty
·2022-04-05
The question of what's to come
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3
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PeterYC
·2022-04-05
👍
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PeterYC
·2022-04-05
👍
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Mindthink
·2022-04-05
Ok
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JT1806
·2022-04-05
He tweeted so much till he wants a share in it? 😂😂
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5
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SPOT_ON
·2022-04-05
Like n follow
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MOUNTAINS
·2022-04-05
👍
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2
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stylus
·2022-04-05
Wow
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3
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holypigs
·2022-04-05
👍🏻
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fhho32
·2022-04-05
Wooo
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Chris_CHRIS
·2022-04-05
Waaa
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Tiger93
·2022-04-04
[Like] [Grin]
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Huatahhuat
·2022-04-04
OMG
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xuero
·2022-04-04
Celebrity impact?!!!
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