Chat with Softimpact

SoftImpact

Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows

Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows

April 7, 2022

After the American billionaire and CEO of Tesla, Elon Musk, announced a few days ago his intention to launch his own social networking platform, in a tweet on Twitter, criticizing the global platform, a document submitted to the US Securities and Exchange Commission stated that Musk had acquired about 73.5 million shares. of Twitter's common shares, representing 9.2% of the company's value on the stock exchange, according to the Emirati statement.

Musk, who has been highly critical of Twitter and said the company is undermining democracy by failing to adhere to the principles of free speech, has today become its largest shareholder, according to the Financial Times.

His stake is more than that of Twitter founder and CEO Jack Dorsey, who owns 2.25%, according to Euronews.


LET’S START A NEW PROJECT TOGETHER!



4 Days ago

A worldwide reminder of the wonders of our planet and our shared duty to preserve it, Earth Day is celebrated on April 22nd each year. Thinking back on the natural marvels that inspire us and the pressing need to solve environmental issues is...

April 19, 2024

Within the field of branding, logos function as the distinctive visual identity that characterises a business. The advent of AI-driven logo generators has completely changed the conventional design process and provided businesses with a creative and...

April 12, 2024

Adaptation is essential for survival in the quickly changing e-commerce industry. The necessity of an e-commerce website having a dedicated mobile application cannot be emphasised, especially as more customers turn to mobile devices for their online...

April 05, 2024

Social media is becoming an indispensable tool for companies of all kinds in the rapidly changing field of digital marketing. The use of social media marketing may provide remarkable outcomes in terms of brand recognition, consumer interaction, and...

March 26, 2024

In the rapidly evolving landscape of media consumption, the emergence of smart TVs has revolutionized how audiences engage with content. With this transformation, the necessity for TV channels to adapt and develop applications tailored for smart TVs...

Load More Load More
Softimpact. All Rights Reserved © 2024 | Privacy Policy

GET IN TOUCH

SITEMAP

© 2024, Softimpact. All Rights Reserved | Privacy Policy

COME FOR A CHAT
COFFEE ON US...

Aamal Center, 6th floor,
Barbar Abou Jaoude Street
Jdeideh Highway - Lebanon
Contact Phone Tel: +961 1 890 888
Fax: +961 1 890 999
2, Genevis Street,
GENEVA COURT, Flat 301
3116 Limassol - Cyprus
Contact Phone Tel: +357 25 338 379
Fax: +357 25 338 379

FOLLOW US ON