Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Twitter stock rockets after Elon Musk’s investitions


April, 04 2022
watermark Economic news

According to information from the US Securities Commission website, businessman Elon Musk acquired a 9.2% stake in the social network Twitter. On the back of this news, the company's shares jumped 26%.


The CEO of SpaceX and Tesla now owns nearly 73.5 million Twitter shares. The value of the block of shares is $2.89 billion, based on the share price on the stock exchange on April 1 – $49.40 per share.


A little earlier, Elon Musk conducted a survey among Twitter users, according to the results of which about 70% of respondents (a total of 2 million users voted) are sure that this social network does not adhere to the principles of freedom of speech. At the same time, Musk wrote that he was thinking about creating his own platform.


Media reports that the fact that Musk became a shareholder of the platform will be another serious test for the new CEO of Twitter, Parag Agrawal. Agrawal succeeded company founder Jack Dorsey, who stepped down in November.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.