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Elon Musk has taken a 9.2% stake in Twitter

Elon Musk has taken a 9.2% stake in Twitter

Elon Musk has taken a 9.2% stake in social media giant Twitter, according to Reuters, as of March 14.

Twitter’s share price has shot up to from $39.31 to $49.06 — up 25% — in pre-market trading on the news.

This comes after Musk held discussions on Twitter about the future of social media and whether it should be decentralized.

This is a breaking story and will be updated.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Tim Copeland


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