Elon Musk buys nearly $3 billion stake in Twitter

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Elon Musk buys nearly $3 billion stake in Twitter
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Musk has been raising questions about the ability to communicate freely on Twitter, tweeting last month about free speech and the social media platform.

Elon Musk is buying a 9.2% stake in Twitter worth $2.9 billion. The Tesla CEO purchased 73.5 million shares, according to a regulatory

In a separate tweet, Musk said that he was"giving serious thought" to creating a new social media platform. Dan Ives, an analyst with Wedbush Securities, thinks Musk may eventually seek to buy large piece of Twitter, which would give him more leverage to push for change at the company.

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