WHY DID ELON MUSK BUY TWITTER STOCK | LGVN $25.3K TRADE RECAP

2 years ago
3

Just a few days ago, Elon Musk purchased 73,486,938 shares of Twitter. This is 9.2% of the company, and was valued at $2.9 Billion on Friday. Over the weekend, the stock shot up 22%, his investment now valued at $3.5 Billion.

Any stake less than 10% of a company is considered a "Passive Stake", but is that true here? Let MIC Professional Day Trader Alex Temiz share his thoughts as to what is really going on.

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