Finance

Elon Musk Takes Major Step Toward Buying Twitter

The continuing recreation of footsie between billionaire tech mogul Elon Musk and social media platform Twitter reached a brand new stage April 22, as Musk started main steps in direction of shopping for the corporate.

The enterprise pages have been full of assorted back-and-forth lobs and volleys between the 2 during the last three weeks.

All of it started when Musk introduced that he had acquired a 9.2% stake in Twitter, making him the corporate’s largest shareholder on the time. 

That title has since been reclaimed by the Vanguard Group, a non-public fairness store that has since purchased 10% of Twitter, or 82.4 million shares.



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