Elon Musk compra Twitteror rather, one percentage. Musk has indeed become one of the most important shareholders of the platform after purchasing the 9%equivalent to almost 3 billion dollars. Let’s find out all the details together.
Elon Musk buys 9% of Twitter
The richest man in the world, who has a penchant for quirky behavior that he often highlights through various Twitter posts, has taken a 9.2% share on the platform.
The capo Of Tesla e SpaceXwhich with more than 80 million followers is placed in the Top 10 of the most popular Twitter users globally, he paid 2.89 billion dollars for participation in Twitter’s closing share price on Friday.
The actions of the microblogging site are Go up to 26% in pre-market trading in the wake of the news, adding more than $ 8 billion at its market value Of $ 31.5 billion before Musk’s interest was made public. After the share price rises, Musk’s shares are now worth around 3.6 billion dollars.
Musk, who just last week said that he was “seriously considering” building his own social media platformnow holds a larger stake than Jack Dorsey, the Twitter co-founder.
Speaking of the news, Dan Ives, a Wedbush Securities analyst, said:
We would expect this passive participation to be just the beginning of broader conversations with Twitter’s board of directors that could, ultimately, lead to active participation and a potential more aggressive ownership role of Twitter.
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