Elon Musk Sells $ 4 Billion Tesla Shares: One of the world’s billionaires Elon Musk has sold $ 4.4 billion worth of shares in his Tesla car company.
New York, First Published Apr 29, 2022, 11:24 AM IST
Elon Musk, one of the world’s billionaires, has sold $ 4.40 billion worth of shares in his Tesla car company.
This information was leaked by Elon Musk during the filing of the stock market. That means Elon Musk now owns a 17% stake in Tesla, of which he has now abruptly sold a 2.6% stake.
According to a Forbes report, Elon Musk has signed a $ 44 billion deal to buy Twitter. Elon Musk may have sold shares in Tesla for cash.
Elon Musk has a net worth of $ 268 billion. 2100 crore in shares. It is unknown at this time what he will do after leaving the post. Elon Musk owns a 43.61 percent stake in SpeaksX, a rocket company not listed on the stock exchange. The company is valued at $ 10,000 billion.
Reports suggest that Elon Musk may be looking for some partner to overcome the difficulties in splitting the shares. But it is doubtful that Elon Musk will find a new partner to invest such a large sum. ”
Elon Musk has just sold his first stake in Tesla worth $ 1.64 billion. Elon Musk tweeted about the sale, saying “there is no plan to sell Tesla shares anymore.”
Elon Musk, meanwhile, is being investigated by the Federal Trade Commission over his acquisition of a 9% stake in Twitter prior to its acquisition.
Last Updated Apr 29, 2022, 11:24 AM IST
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