Twitter shares jump 25% premarket on disclosure Elon Musk has taken stake


Shares of Twitter TWTR, +1.60% jumped 25% in premarket trade after a Securities and Exchange Commission filing showed that Elon Musk, the chief executive of Tesla, taken a 9.2% stake in the microblogging service. Last week Musk said he was “giving serious thought” to creating a new social media platform, as he was upset by Twitter’s free-speech approach.

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