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France 24
France 24
Technology

Elon Musk buys 9 percent stake in Twitter to become largest shareholder

Elon Musk giving an update on SpaceX's prototype rocket, Starship, at a press conference in Texas, on February 10, 2022. © Jim Watson, AFP

Elon Musk has taken a major stake in Twitter, regulatory filings showed Monday, sending the social media network's stock soaring and igniting speculation he could seek an active role in its operations.

Musk, the world’s richest man and CEO of electric vehicle company Tesla, is a frequent Twitter user who often posts controversial messages and announcements, and has long been critical of social media companies.

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