How much did Elon Musk pay for Twitter?

Elon Reeve Musk FRS is an entrepreneur, and business magnate.

Elon Musk is the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.

In April 2022, Elon Musk purchased shares in popular microblogging platform Twitter.

How much did Elon Musk pay for Twitter?

Tesla CEO Elon Musk acquired a 9% stake in Twitter to become its largest shareholder at a time when he is questioning the social media platform’s dedication to free speech and the First Amendment.

Elon Musk purchased the 9% stake in Twitter at a whopping cost of $3 billion.

While it was not immediately clear what role Elon Musk plans to play, analysts speculated he may try for an activist restructuring that could change the way Twitter polices its platform as well as who it banishes.

Some inside Twitter worry that Elon Musk may push Twitter in a libertarian direction, away from blocking or restricting accounts that cause social harm, according to people familiar with internal conversations who spoke on the condition of anonymity to describe sensitive matters.