Twitter’s stock soared after Tesla and SpaceX CEO Elon Musk acquired a 9.2% passive stake in the company.
The company closed up nearly 73% after its public debut on Nov. 7, 2013. The stock is still down nearly 37% from its all-time high in February 2021.
expect the outspoken executive to take a more aggressive stance. That could include increasing his stake or taking a controlling interest in the company in an effort to push for change.
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