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Elon Musk spent $2.64 billion on Twitter shares this year: filing

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Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022.

Jim Watson | AFP | Getty Images

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…



Source cnbc.com

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