Elon Musk becomes one of Twitter’s largest shareholders

Elon Musk has become one of Twitter’s largest shareholders after a filing revealed the tech entrepreneur took a 9.2 percent stake in the social media company.

the submission On Monday, the US Securities and Exchange Commission unveiled the surprise move by the CEO of electric carmaker Tesla.

The SEC filing was signed by Musk and dated Monday.

Musk initially gave no information on his motives for buying the shares.

The entrepreneur’s use of Twitter has often been controversial in the past when he used it to make statements about Tesla’s financial health.