Tesla CEO Elon Musk becomes Twitter's biggest stakeholder - News Summed Up

Tesla CEO Elon Musk becomes Twitter's biggest stakeholder


According to a Monday filing with the U.S. Securities and Exchange Commission, Musk bought the shares on March 14. That means that Musk acquired the shares before beginning his public discourse on the First Amendment and Twitter. Musk is the world's wealthiest person, with a net worth on Monday estimated at $299 billion, according to Forbes magazine. Musk is the CEO of Austin-based electric automaker Tesla, aerospace company SpaceX and tunneling entity the Boring Company, along with a variety of other companies and foundations. Musk and Tesla have been steadily increasing their presence in the Austin area.


Source: Forbes April 04, 2022 18:08 UTC



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