Musk, the founding president and billionaire of companies including SpaceX and tesla, has acquired a 9.2 per cent stake in twitter following reports on social media that he has decided to create a new social networking site. One of the richest men in the world, Elon Musk, the giant of tesla and SpaceX, has turned his attention to space exploration. He continues to focus on researching reusable rockets to propel satellites providing internet service through Starling.
Elon Musk Action
Elon Musk is always active not only in business but also on social media. Elon, who tagged himself and relentlessly answered questions, confronted Putin head-on on the ukraine issue. Elon Musk, who also spoke out on the Russia-Ukraine war, said in a statement that he was "ready to face Russian President Vladimir Putin face-to-face".
Conflict trend
Elon also provided Internet services, especially to war-torn Ukraine. Elon Musk, who has been crawling for hot topics on a daily basis like this, is having a confrontation with Twitter. He also accused twitter of not giving users full freedom and affecting privacy in the name of privacy. Elon held a referendum a few days ago.
Twitter shares
Meanwhile, Elon Musk has turned his attention to SpaceX, Tesla's twitter page. That means Elon has reportedly acquired a 9.2 per cent stake in Twitter. Elon Musk has filed a report with the U.S. Securities and Exchange Commission stating that he bought about 73.5 million shares of Twitter. Elon has become Twitter's biggest partner with this action. As a result, Twitter's stock trading soared to about 26 per cent.
