Elon Musk buys $2.9bn stake in Twitter to become biggest shareholder
by Mark Sweney and Rupert Neate from Technology | The Guardian on (#5XTHD)
Platform's shares jump after news that Tesla and SpaceX boss holds 9.2% stake
The billionaire Elon Musk has taken an almost $3bn (2.3bn) stake in Twitter to become the social media platform's largest shareholder.
The world's richest man, who has a penchant for eccentric behaviour frequently involving tweets, has built a 9.2% stake in Twitter, according to filings made to the US Securities and Exchange Commission (SEC) on Monday.
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