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The Guardian - UK
The Guardian - UK
Technology
Mark Sweney and Rupert Neate

Elon Musk buys $2.9bn stake in Twitter to become biggest shareholder

Elon Musk Twitter Inc. SpaceX Tesla Inc.
Elon Musk
Elon Musk has an estimated $273bn fortune. Photograph: Susan Walsh/AP

The billionaire Elon Musk has taken an almost $3bn (£2.3bn) stake in Twitter to become the social media platform’s largest shareholder.

The world’s richest man, who has a penchant for eccentric behaviour frequently involving tweets, has built a 9.2% stake in Twitter, according to filings made to the US Securities and Exchange Commission (SEC) on Monday.

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