Elon Musk Acquired 9 2 Of Twitter Stake For 2 89 Billion
Elon Musk is one of the most active Twitter users and has more than 80 million followers on this platform. His tweets are always very popular with users and receive tons of engagement. As per the report, Musk acquired 9.2 percent of Twitter on March 14th and paid $2.89 billion based on Friday’s closing price. Although the Musk stakes are known as a passive stakes, an analyst at Wedbush told CNBC that the purchase “could lead to some sort of buyout....