BREAKING: Elon Musk has taken a 9.2% stake in Twitter
Twitter stock surged in pre-market trading on Monday after Elon Musk revealed he'd taken a stake in the company, days after criticizing the social media giant for"failing to adhere to free speech principles."Twitter's share price has shot up from $39.31 to $49.06 — up 25% — in pre-market trading on the news.
This comes after Musk held discussions on Twitter about its algorithms and whether they should be open source. On March 24, he
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Elon Musk buys 9.2 percent of Twitter amid complaints about free speech‘Is a new platform needed?’ he asked last month.
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Tesla CEO Elon Musk takes a 9% stake in TwitterTesla CEO Elon Musk is taking a 9.2% stake in Twitter.
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Elon Musk Buys 9.2 Percent Stake in Twitter, Sending Stock SoaringThe stake was worth around $2.89 billion, based on the company's closing price Friday.
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