Reuters reports that Musk owns 73.5 million shares in Twitter. According to their final price on Friday, its share is worth $ 2.89 billion (about CZK 64 billion) and corresponds to a 9.2% stake in the company.
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Shares of Twitter are adding more than 25 percent in response to the pre-Monday trading report. They sell for almost $ 50 a share.
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Musk is an avid Twitter user. More than 80 million people follow him on this network, his contributions are often quoted in the media and he often provokes controversy.
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In the past, through his Twitter messages, Musk has repeatedly shifted the course of cryptocurrencies – such as bitcoin, ether or dogecoin. It was enough to announce that his company would or will not accept him.
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The billionaire from Silicon Valley said in late March that he was “seriously thinking” about building a new social media platform. Musk has recently criticized Twitter for undermining democracy by failing to adhere to the principles of freedom of speech.
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