Twitter shares rocket as Elon Musk buys a 9.2% stake in the social media outlet

Twitter shares rocket as Elon Musk purchases a 9.2% stake in the social media outlet



Elon Musk has taken a passive 9.2 per cent stake in social media outlet Twitter, getting its most significant shareholder.

The world’s richest gentleman now owns four times the amount of money of shares as Twitter’s founder Jack Dorsey, symbolizing a monetary benefit of all-around $2.9 billion when stock’s closed previous Friday.



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