Elon Musk may be Twitter's top shareholder after filing reveals 9% stake worth $3b

Elon Musk may be Twitter's top shareholder after filing reveals 9% stake worth $3b

Elon Musk, co-founder and chief executive officer of Tesla Motors. Photo: Bloomberg

Tesla Inc top boss Elon Musk revealed a 9.2% stake in Twitter Inc, worth nearly $3 billion, likely making him the biggest shareholder in the micro-blogging site and triggering a more than 20% rise in its shares.

Musk‘s move comes close on the heels of his tweet that he was giving a “serious thought” to building a new social media platform, while questioning Twitter’s commitment to free speech.

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