Elon Musk, known as the Dogecoin advocate, who is well known in the crypto money market, bought 9.2% of the social media platform Twitter.
Elon Musk, who already has many companies, continues to invest in other areas. musk, set up a social media platform last month He said he was thinking.
The acquisition was reported to the US Securities and Exchange Commission (SEC). According to the SEC filing, Elon Musk 73,486,938 and with this acquisition, Musk became the largest sole shareholder of Twitter.
Available Twitter CEO Agrawal Parag said the company only 500,000 owns and co-founder and former CEO Jack Dorsey of the company He owns 2% of it. The largest shareholder of the social media platform is the investment firm Vanguard Group.
Along with the news, Twitter’s stake in the New York Stock Exchange, according to Investing It increased by 20%. Also, the company was worth $2.89 billion at the close of last week.
Rises On Dogecoin
Dogecoin also increased after the news that Tesla and Space X CEO Elon Musk bought Twitter shares. TSI at noon 0.1413 DOGE located in the vicinity, up 10% to 0.1567 reached.