{"id":2695,"date":"2023-03-13T08:30:18","date_gmt":"2023-03-13T07:30:18","guid":{"rendered":"https:\/\/www.ceoinfluencers.com\/?p=2695"},"modified":"2023-03-13T08:30:18","modified_gmt":"2023-03-13T07:30:18","slug":"how-much-of-twitter-does-elon-musk-own","status":"publish","type":"post","link":"https:\/\/www.ceoinfluencers.com\/how-much-of-twitter-does-elon-musk-own\/","title":{"rendered":"How much of twitter does elon musk own?"},"content":{"rendered":"

Elon Musk is the founder, CEO and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He is also the founder of The Boring Company, a tunnel construction company. As of June 2018, he has a 31% stake in SpaceX and is its largest shareholder. He also owns a 20% stake in Tesla Motors.<\/p>\n

Elon Musk owns approximately 8.9% of Twitter.<\/p>\n

How much of Twitter does Elon Musk owe? <\/h2>\n

In his $44 billion purchase of Twitter, Elon Musk cashed in some of his Tesla stock and also saddled the social platform with $13 billion in debt. This is a massive obligation for a company the size of Twitter, and it will be interesting to see how they handle it.<\/p>\n

Twitter’s largest institutional shareholders are: Vanguard Group (895 percent), BlackRock Fund Advisors (466 percent), SSgA Funds Management (428 percent) and Fidelity Management & Research (276 percent).<\/p>\n

Does Elon Musk own 100% of Twitter <\/h3>\n
\"How
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Twitter has been a staple of the internet for over a decade now, and it’s only fitting that one of the most innovative minds of our generation, Elon Musk, would be the one to take it over. On October 27, 2022, Musk officially acquired Twitter, Inc., after months of speculation and rumors. This move will no doubt change the social media landscape forever, and we can’t wait to see what Musk has in store for the platform.<\/p>\n

Elon Musk has officially become the owner of Twitter after closing his purchase of the social media service. This is a huge deal that will thrust Twitter into a new era. With Musk at the helm, expect big things from Twitter in the coming years.<\/p>\n

Who bought 9 percent of Twitter? <\/h2>\n

Elon Musk has bought 92 percent of the social media company Twitter. This is a huge move for the Tesla chief executive, who has been critical of Twitter’s content moderation policies. This purchase will give Musk a lot of power over the social media platform and its users.<\/p>\n

This morning, the US Securities and Exchange Commission confirmed that Tesla founder Elon Musk will pay $44 billion to take ownership of Twitter, honoring an agreement made in April. This follows months of effort by Musk to undo the deal. The news has caused a stir on Twitter, with many users wondering what this means for the future of the social media platform.<\/p>\n

Will all Twitter shareholders get paid? <\/h2>\n
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If you own shares of Twitter, you can expect to receive a cash payout of $5420 per share in the next few weeks. This payout is in addition to any dividends that you may have already received this year. However, keep in mind that you will also be responsible for paying capital gains taxes on this amount when you file your taxes next April.<\/p>\n

Musk went from Twitter’s most famous user to its owner and CEO in a matter of months. This is an incredible accomplishment, and it just goes to show how much can be accomplished when you set your mind to it. I’m sure Musk will continue to be a driving force in the tech world for years to come.<\/p>\n

Why did Elon pay so much for Twitter <\/h3>\n

Musk’s involvement in Twitter is intriguing, to say the least. On the one hand, he is clearly interested in using the platform to improve discourse around important issues. On the other hand, some have criticized him for using his influence to control the conversation. Regardless of his motives, it will be interesting to see how Musk’s involvement affects Twitter in the future.<\/p>\n

Twitter is a public company and as such their market cap is available. As of February 2023, Twitter has a market cap of $4109 Billion. This makes Twitter the world’s 437th most valuable company by market cap according to our data.