Chat with Softimpact

SoftImpact

Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows

Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows

April 7, 2022

After the American billionaire and CEO of Tesla, Elon Musk, announced a few days ago his intention to launch his own social networking platform, in a tweet on Twitter, criticizing the global platform, a document submitted to the US Securities and Exchange Commission stated that Musk had acquired about 73.5 million shares. of Twitter's common shares, representing 9.2% of the company's value on the stock exchange, according to the Emirati statement.

Musk, who has been highly critical of Twitter and said the company is undermining democracy by failing to adhere to the principles of free speech, has today become its largest shareholder, according to the Financial Times.

His stake is more than that of Twitter founder and CEO Jack Dorsey, who owns 2.25%, according to Euronews.


LET’S START A NEW PROJECT TOGETHER!



3 Days ago

Microsoft is making significant changes to its Authenticator app by phasing out password storage in favor of passkeys. Starting June 1, users will no longer be able to save new passwords in the app, and by July, autofill functionality will also be...

April 29, 2025

When people think of SEO, they often imagine a slow, months-long process before seeing any real results. But what if you could get a return on investment (ROI) much fasterwithout waiting for Google to catch up?

April 22, 2025

artificial intelligence (ai) could eventually replace the equivalent of 300 million full-time jobs, according to a report by goldman sachs. the technology is expected to automate about 25% of work tasks in the us and europe, especially in...

April 11, 2025

Amid the growing challenges faced by major cities, there is an urgent need for innovative solutions to ease traffic congestion.

March 27, 2025

In-app purchases (IAPs) have become a significant revenue driver in the mobile app industry, reshaping the way users interact with digital content. With mobile applications ranging from gaming and entertainment to productivity and wellness,...

Load More Load More
Softimpact. All Rights Reserved © 2025 | Privacy Policy

GET IN TOUCH

SITEMAP

© 2025, Softimpact. All Rights Reserved | Privacy Policy

COME FOR A CHAT
COFFEE ON US...

Aamal Center, 6th floor,
Barbar Abou Jaoude Street
Jdeideh Highway - Lebanon
Contact Phone Tel: +961 1 890 888
Fax: +961 1 890 999
2, Genevis Street,
GENEVA COURT, Flat 301
3116 Limassol - Cyprus
Contact Phone Tel: +357 25 338 379
Fax: +357 25 338 379

FOLLOW US ON