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Business Mogul Becomes Twitter’s Largest Shareholder

New York City, USA - November, 7 2013: Banner on the New York Stock Exchange marking Twitters IPO in Lower Manhattan on November 7, 2013.

Twitter has now gotten itself the largest individual shareholder and it’s a familiar name and a business mogul. 

Elon Musk is the world’s richest person alive and is worth over 280 billion dollars according to Forbes.

Founder of Tesla Motors,Elon Musk, has now bought a piece of Twitter microblogging and social networking service app.

Business mogul, Elon Musk

Elon Musk

The business mogul just disclosed that he has bought 73 million shares of Twitter.

This makes him a 9.2% owner of Twitter to be very precise here.

It also makes him the single biggest shareholder of the company than even the mutual fund and exchange-traded fund investors in the company.

Elon Musk is of course of one Twitter’s power users.

Also,read: How to Make Money Online in Ghana NOW (2022)

It’s one of his primary ways of engaging the world overall.

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The business mogul has not only moved stock and cryptocurrency but also against the stock ire of a lot of regulators.

Some of them believe his tweets could amount to some kind of market manipulation.

So it’s not perhaps out of the realm of the reason he bought a 9.2% share of Twitter.

This comes of course less than a couple of weeks after Musk tweeted of all things a very sharp criticism of Twitter for not promoting free speech.

So it’s very drama building his Tesla and Space X companies on Twitter.

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