Elon Musk obtains 9.2% Twitter stake for $2.89 billion
Shares in social media titan Twitter have swollen by 25% after the world’s richest person Elon Musk [pictured left] bought a 9.2% stake for $2.89 billion.
The Tesla and SpaceX founder snapped up 73,486,938 Twitter shares in a move that has surprised many, particularly as Musk has been critical of the channel’s free-speech policies.