Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher - The Wall Street Journal
Twitter shares surged on the disclosure by Tesla’s CEO, who has long been active on the social-media platform.
Elon Musk disclosed a 9% stake in Twitter Inc., turning one of the social-media companys most famous users into its largest shareholder.
The surprise move sent Twitters stock up 27% Monday, its larg… [+244 chars]
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