Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder.
Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday.
The stake is worth $2.89 billion, based on Twitter’s closing price Friday.
The announcement raised…