Tesla and SpaceX boss becomes social media platform’s biggest shareholder with 9.2%
Twitter said it had entered into an agreement with Musk to “serve as a class two director with a term expiring at the company’s 2024 annual meeting of stockholders”.
The boss of Tesla and SpaceX, who with 80.4 million followers ranks in the global Top 10 of the most popular users on the microblogging site, paid $2.89bn for the stake at Twitter’s closing share price on Friday.
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