Elon Musk Buys A 9.2% Stake In Twitter

Mari Galaviz added this on April 5, 2022
Photo by Christian Marquardt – Pool/Getty Images.

Elon Musk’s love of Twitter is well-known – and now he owns a big chunk of the company.

According to an SEC filing released Monday, Musk now owns over 73 million shares – or about 9.2% – of the social media company, making him the largest shareholder in the company.

News of Musk’s big buy had an impact on Wall Street, with the price of Twitter shares surging 25% after the news.

While Musk is an avid Twitter user with over 80 million followers, he’s also been critical of the company’s approach to censorship and free speech.

What do you think this means for Twitter? 

 

Win!

Stay connected

 

Subscribe to The Bone's weekly eblast to get the latest on contests, events and exclusives from your favorite 107.7 personalities and artists.

Headlines

49ers thoughts as calendar turns

As the calendar turns to August, a new climb is underway in Santa Clara. Up off the mat come your 2024 San Francisco 49ers. Wounds, both physical and emotional, have healed and are healing. Opening kickoff is 40 days away, a six week crawl that may only be magnified by the perpetual mediocrity of the…

Listen to Soundwaves FM #118 – 5/18/24

Celebrating the Bay Area rock scene … past, present and future! Hosted by Dennis Willis. Originally broadcast on 107.7 The Bone on May 18, 2024 MUSICIANS – SUBMIT YOUR MUSIC HERE: https://www.1077thebone.com/soundwaves/ PLAYLIST: Destroy Boys – “Plucked” Earth Quake – “Everywhere I Go” Eric Martin Band – “Sucker for a Pretty Face” Swamphammer – “Voodoo…