Elon Musk takes nine percent stake in Twitter

By

To become top shareholder.

Elon Musk takes nine percent stake in Twitter
Tesla boss Elon Musk revealed a 9.2 percent stake in Twitter, worth nearly US$3 billion (A$4 billion), making him the microblogging site's largest shareholder and triggering a more than 25 percent rise in the company's shares. Musk's move comes close on the heels of his tweet that ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Telstra Health to lead My Health Record data architecture overhaul

Telstra Health to lead My Health Record data architecture overhaul

Defence's ERP bill with IBM hits $575m

Defence's ERP bill with IBM hits $575m

Greater Western Water's billing system data issues laid bare

Greater Western Water's billing system data issues laid bare

Woolworths cuts Big W loose from shared technology stack

Woolworths cuts Big W loose from shared technology stack

Log In

  |  Forgot your password?