Elon Musk has officially bought 9.2% of Twitter shares, with the document released in a surprise today! Musk became the largest shareholder of Twitter with this acquisition.
A news shared by Bloomberg in the past minutes has been on the world agenda. Tesla and SpaceX founder and CEO Elon Musk bought a stake in the social media platform Twitter. According to the shared details, Musk By purchasing 9.2% of Twitter your platform largest shareholder it happened.
Elon Musk actually gave the signal of this move in a poll he made on his Twitter account last week. Musk said in his survey that the company whether it adheres to the principles of freedom of expression asked users 70% answered ‘no’. Musk also added under the survey “The results of this survey will be important. Please vote carefully” He left his note.
Twitter stocks flew:
Elon Musk bought 9.2% of Twitter shares with a total value of $2.89 billion, and transferred 73 million 486 thousand 938 shares of the company to his name. This transaction, which was shared and made official by the US Securities and Exchange Commission, also flew Twitter’s shares. Twitter shares within minutes of hearing the news It gained more than 25% in value.
Elon Musk’s position as the biggest influencer on Twitter seems to be a big test for Parag Agrawal, who took over the post of CEO after Jack Dorsey’s resignation. Agrawal had previously promised to improve reliability and make decisions faster and improve product application. The company also generates its annual income increase to $7.5 billion and daily until the end of 2023 Reaching 315 million users He also announced his aim.
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Source :
https://www.bloomberg.com/news/articles/2022-04-04/musk-takes-9-2-stake-in-twitter-after-questioning-platform?sref=kKj7hWAI&utm_medium=referral&utm_source=upday