Twitter said in an SEC filing on Tuesday that Tesla CEO Elon Musk has purchased $2.64 billion worth of shares since the end of January.
Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for his current stake in the company, according to a SEC filing on Tuesday. The disclosure came through a 13D filing, which confirms that Musk has intentions to be more active in Twitter’s business. On Monday, the company indicated that Musk had 9.2% ownership in the company, but it was via a 13G filing, which points to a passive stake for a holder who isn’t trying to exert control or influence. Tuesday’s filing said he owns 73,115,038 Twitter shares, or 9.
