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Elon Musk, founder of Tesla and investor on Twitter
Tesla founder Elon Musk acquired 9.2 percent of the shares of the Twitter platform, which shot up more than 25 percent on the New York Stock Exchange in electronic operations prior to the opening, according to with a document delivered by the entrepreneur to the United States Securities Market Commission (SEC).
The billionaire currently owns almost 73.5 million shares of the messaging company, whose value, according to the valuation of its shares at the close of last Friday, amounts to 2,890 million dollars, several local media reported today.
Musk’s acquisition comes following the businessman criticized the social network in several tweets at the end of March.
On March 25, he proposed a vote among his followers on whether Twitter adhered “rigorously” to the principle of freedom of expression.
Actions in the clouds
70.4 percent of the more than two million users who participated in the survey said no.
“The consequences of this survey will be important. Please vote carefully,” Musk wrote then, before his participation in the social network was known.
A day earlier he had asked, also through the same network, whether the Twitter algorithm should be open, to which 82.7 percent of the survey participants answered yes.
Half an hour before the Wall Street Stock Exchange opened, Twitter’s share price was 20 percent above its value at Friday’s close.
Musk has always been very active on Twitter, from where he has shared information regarding his companies and where he has been involved in various controversies, such as his support and rejection of the dogecoin cryptocurrency, which caused dizzying fluctuations.
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