The social media giant’s biggest investor made a killing on Monday’s 27% surge in the stock’s price
Elon Musk is already a winner in his giant investment in Twitter. The Tesla and SpaceX founder’s 9.2% stake in the social media giant — valued at $2.89 billion when markets closed on Friday — has already increased in value by $800 million, to $3.68 billion. Credit Monday’s 27% jump in Twitter’s share price, which closed at $49.97, after the company disclosed in a Securities and Exchange Commission filing that Musk had become its biggest shareholder.
