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!



January 30, 2025

DeepSeek-R1, the latest in a series of cost-effective AI models developed with fewer chips, is emerging as a serious competitor to OpenAI, Google, and Meta. The Chinese AI research lab DeepSeek has taken the tech world by surprise with its advanced...

January 27, 2025

OpenAI has introduced its first AI agent, Operator, capable of tasks like online shopping and travel booking. However, the service is currently limited to the United States and is available only to ChatGPT Pro subscribers.

January 14, 2025

By 2025, artificial intelligence (AI) will transform mobile app technology, enhancing user interactions with smarter, more personalized, and intuitive apps. AI will not only improve app functionality but revolutionize the entire mobile app...

November 25, 2024

The future of programming languages looks promising, as emerging technologies and evolving needs continue to drive the creation of more powerful, efficient, and reliable languages. Over the next decade, we expect several key trends and developments...

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