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Tesla’s billionaire CEO and the world’s richest person, Elon Musk, bought about 10 percent of shares in Twitter last weekend, which has more than 80 million followers and shares everything from business ideas to memes. Experience in a famous nightclub in Berlin.
The acquisition, which was announced to the public on Monday editor filing It’s worth about $2.89 billion, based on Friday’s closing price of Twitter shares with the Securities and Exchange Commission. News of Mr Musk’s involvement drove Twitter share prices up 25 percent.
The acquisition, which amounts to 9.2 percent of the company, makes Mr. Musk Twitter’s largest shareholder. In recent weeks, he has criticized the company for not abiding by the principles of freedom of expression and has openly considered creating an open source social network.
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