Elon Musk buys 9.2% of all Twitter shares. He's now the single largest shareholder. Next largest is Morgan Stanley- a financial institution. Lol. Musk owns roughly 4.6x the amount of stock as Twitter founder- Jack Dorsey- who owns roughly 2%. Twitter shares are up 20+% still from the news breaking.
It was just announced that Musk is joining the Twitter board. Looks like he's going to go all Carl Ichan activist investor and shake shit up at that shithole and actually fix Twitter.
He's so rich, I was hoping he'd just buy the entire company, take it private, and then delete Twitter. That would be the ultimate F**K YOU money move.