Elon Musk sold nearly $4 billion worth of Tesla stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter.
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Inc.
Musk originally reached a deal to purchase Twitter for $44 billion in April, after buying into the company earlier in the year. Musk sought to terminate the deal in July, however, leading to a monthslong legal battle between the richest man in the world and the social network he uses regularly. Facing a court-imposed deadline, Musk completed his purchase of Twitter on Oct. 28 at the agreed-upon $54.20-a-share price.
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