Elon Musk buys 9% of Twitter and has made a billion dollars already
Monday he announced he had quietly started buying 73 million shares of Twitter spending around $2.6 billion.
Tuesday he got a seat on the board. Wednesday his position was worth $3.7 billion. Wild.
According to reporting from The Washington Post, employees are freaking out. They're concerned that the company’s culture will change and it will be harder for them to do their jobs.
These companies are always worried about how "the street" will receive their product updates, but it won't be fun having such a vocal investor. To try and calm employees, Elon will host an AMA (ask me anything) - hopefully someone records it.Â
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