Twitter shares soar more than 25% after Elon Musk takes 9% stake in social media company
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Elon Musk speaks throughout a press convention at SpaceX’s Starbase facility close to Boca Chica Village in South Texas on February 10, 2022.
Jim Watson | AFP | Getty Pictures
Tesla CEO Elon Musk has taken an enormous stake in social media firm Twitter, a regulatory submitting launched Monday confirmed.
Musk owns 73,486,938 shares of Twitter, which represents a 9.2% stake within the firm, in response to the Securities and Change Fee submitting.
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