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Elon Musk takes a 9 percent stake in Twitter
Elon Musk becomes Twitter's largest shareholder with 73.5 million shares worth about 3 billion. He questions free speech on the platform and whether it undermines democracy while analysts note possible noninvestment reasons and the chance of future rule changes. The market responds with a broad stock rally, lifting the S P 500, Dow, and Nasdaq as investors weigh inflation, rates, and Ukraine war fallout.
MENTIONED IN THIS ARTICLE
Tesla
Elon Musk
Twitter
Musk
Facebook
Donald Trump
Capitol
U.S. Securities and Exchange Commission
CFRA
Angelo Zino
Jack Dorsey
Dorsey
Zino
Erik Gordon
University of Michigan
Gordon
Trump
Michael Flynn
Elon
America
Flynn
U.S
Marjorie Taylor Greene
Steve Bannon
Anthony Fauci
David Duke
Alex Jones
Starlink
Spacex
Kremlin
Ukraine
Brian Wieser
Business Intelligence
Group M
Wieser
Wall Street
Federal Reserve
Dow
Apple
Russia
Treasury
Fed
Europe
Hong Kong
Hang Seng
Beijing
SEC
Electric Vehicle Company
Lic
U.S. District Court
Manhattan