Stock Market

By Karan Brar April 4, 2022

[{"selector":"#anim-4e7985ff-da2b-4771-a8ca-6c09ac0e5741","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dfa52410-d817-44d1-a261-c2ef51381136","keyframes":{"transform":["translate3d(0px, 260.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a629a1a-f8b9-4da2-a907-386f16e34b0c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.25669631483779%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Twitter Stock Soars After Elon Musk Buys a Big Stake. It Might Just Be the Beginning.

[{"selector":"#anim-558a14d3-80bf-4640-87ed-75d21ca52633","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20872ccf-921a-432e-9315-fba60c851a7e","keyframes":{"transform":["translate3d(0px, 222.96299%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Elon Musk takes stake valued at nearly $3.7 billion

[{"selector":"#anim-31703edb-f2be-417a-b8e3-41c42631c337","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ee32bac-717b-4eda-b72f-42f9f6adf8bc","keyframes":{"transform":["translate3d(0px, 234.96299%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Twitter stock soared 30% after Elon Musk purchased a 9.2% stake in the company

[{"selector":"#anim-a33674df-1fa5-47a5-b257-539a3cd6fce6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d91fbf8-8458-4259-964a-e12e9e991f5a","keyframes":{"transform":["translate3d(0px, 248.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Ownership of 9.2% of Twitter’s outstanding shares, enough to make him the largest shareholder

[{"selector":"#anim-bfbec224-ea75-44c1-a1d2-5831a680a9e3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-accf8963-d1c6-459d-b865-e53a063da54a","keyframes":{"transform":["translate3d(0px, 153.71832%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4a8b59f5-4e8c-4c98-92db-2c6c6100af4a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(36.54229202321267%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Musk is now the largest outside shareholder with 73,486,938 shares, according to a Securities and Exchange Commission filing released Monday.

[{"selector":"#anim-35322d51-671f-485e-b30f-70e1bd4bcd47","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cfe446b8-aaff-4b4b-b8da-642007f44d41","keyframes":{"transform":["translate3d(0px, 136.68091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] In a post from late last month, Musk polled his 80.2 million Twitter followers, saying: "Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?"

[{"selector":"#anim-c8951fac-86cc-4cfa-9adf-5966c0774b32","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e65c5ed-32e4-4cc9-a2fe-9ecf27785ac2","keyframes":{"transform":["translate3d(0px, 156.08049%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbda8a98-d60d-44c3-b59c-85815a58abd7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.843749786673241%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Musk's stake in Twitter is considered a passive investment, which means he is a long-term investor that is looking to minimize his buying and selling of shares

[{"selector":"#anim-d58ca679-9b29-4116-8b9b-c0263f9ad381","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-68070640-1fac-4124-8531-d01906837df9","keyframes":{"transform":["translate3d(0px, 260.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c9c6fcc-0a4c-4788-a4ce-07c754513152 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Passive investment is a strategy for slowly building wealth by owning stocks rather than frequent trading

[{"selector":"#anim-eb971f8b-6d97-4757-9beb-5780b2935770","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0728a7e3-3a04-4be8-875f-077b1dc7d507","keyframes":{"transform":["translate3d(0px, 153.71832%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Twitter hopes to reach 315 million active users and $7.5 billion in revenue by the end of 2023, substantially higher than its current figures.

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Stock Market

Elon Musk Just Bought a Big Stake in Twitter Stock

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