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Benzinga
Benzinga
Business
Wayne Duggan

Does Elon Musk's Investment Make Twitter A Serious Buyout Candidate?

Twitter Inc. Elon Musk United States Nasdaq Whitney Tilson NYSE Tesla Inc.

Twitter Inc (NYSE:TWTR) shares are up 30.4% this week after Tesla Inc (NASDAQ:TSLA) CEO and world's richest man Elon Musk disclosed a new 9.2% ownership stake in Twitter and announced on Tuesday joined Twitter's board of directors.

Musk tweeted he is already "working with [Twitter CEO Parag Agrawal] & Twitter board to make significant improvements to Twitter in coming months!"

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