Elon Musk takes nine percent stake in Twitter

By on
Elon Musk takes nine percent stake in Twitter

To become top shareholder.

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

Log In

  |  Forgot your password?