Elon Musk purchases stake in Twitter after slamming its ‘woke’ approach

fox business
Like
Like Love Haha Wow Sad Angry

Tesla CEO Elon Musk purchased a 9.2% stake in Twitter Inc. according to a Monday filing from the SEC.

Twitter’s shares jumped more than 25% in price following Monday’s news. Musk now controls nearly 73.5 million shares of the company, making him the largest shareholder, and individual stocks were priced at $49.81 on Monday morning.

Musk’s purchase comes roughly a week after the billionaire criticized Twitter for a lack of commitment to free speech.

Read more at Foxnews.com

What Are Your Thoughts?

comments

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!