Home BUSINESS News Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher

Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher

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Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher

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In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah Maidenberg break down some of his biggest moments in 2021 and what’s to come in 2022. Illustration: Tom Grillo

Elon Musk disclosed a 9% stake in Twitter Inc., turning one of the social-media company’s most famous users into its largest shareholder.

The surprise move sent Twitter’s stock up 23% in early Monday trading.

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