Elon Musk Gives Twitter Its Best Day Ever.

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Tesla CEO Elon Musk has taken a 9% stake in Twitter to become its largest shareholder after raising questions

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Tesla and SpaceX Chief Executive Officer Elon Musk, shown here in 2020, has purchased a 9.2% stake in Twitter.

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The ultimate aim of Musk's 73.5 million share purchase worth $2.9 billion, based on the closing price Friday, is not clear.

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The regulatory filing Monday describes Musk as a long-term investor looking to minimize his buying and selling of the shares.

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industry analysts are skeptical about whether the mercurial CEO would remain on the sidelines for long.

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Musk told his more than 80 million followers on Twitter that he was " giving serious thought " to creating his own social media platform

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Musk and Tesla agreed to pay $40 million in civil fines and for Musk to have his tweets approved by a corporate lawyer

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Musk attorney Spiro has asked for verbal arguments in the case. Musk's revelation about his stake in Twitter shares comes two days after Tesla Inc.

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15 million shares worth roughly $16.4 billion. With some sales in late December, Musk is close to selling 10%.

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