Elon Musk announced that he owns 9.2% of Twitter shares

Elon Musk disclosed his 9.2% stake in the social network Twitter. This is reported on the website of the U.S. Securities and Exchange Commission.

According to the document published, Musk owns nearly 73.5 million shares, which amounts to 9.2% of their total number.

Thus, Elon Musk is probably the largest shareholder of Twitter.

Amid this news, the company’s share price on the premarket is rising by 25%.