With 9% Stake in Twitter, Musk becomes top stakeholder
Elon Musk has acquired a passive stake of 9.2 per cent in Twitter Inc as of March 14, 2022
It made him Twitter’s largest shareholder
It also triggered a more than 25% rise in the company’s shares
Twitter Inc said Musk owns 73,486,938 shares of common stock in his personal capacity
This comes days after he said a statement about building a new social media platform
Musk, in the past, has suggested there should be a way to identify bots and troll army on Twitter
Musk, even though is very active on Twitter, has criticized the platform previously
