One of the greatest inventors of our time, Elon Musk, is back in the spotlight. After a short break, Tesla and SpaceX CEO has again moved the stock market with his tweets. Recently, he shared the good news with his followers saying that he has acquired a 9.2% stake in Twitter. One post by Elon Musk was enough to send the shares of the network up by more than 25%. On April 4, Twitter’s stock surged by as much as 26% to $49.25 per share right after the news that Tesla's boss had become a shareholder in the company. His stake is worth about $2.89 billion. Yet, the billionaire said he was considering building a new social media platform. Although Elon Musk is a regular user of Twitter, he has been critical of the network’s policies lately as he believes that Twitter violates the principles of free speech. In this regard, one of his followers asked him whether he would consider “building a new social media platform consisting of an open source algorithm, one that would prioritize free speech and where propaganda is minimal.” Elon Musk replied that he was giving “serious thought” to this.
FX.co ★ Twitter shares surge as Musk acquires 9.2% stake in it
Forex Humor:::