Elon Musk takes majority stake in Twitter

Elon Musk has taken a major stake on Twitter.

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

Document filed with the US Securities and Exchange Commission showed that the South African-born billionaire acquired nearly seventy-three-point million Twitter shares which is an equivalent of nine point two per cent stake in the company.

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