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Elon Musk becomes Twitter’s largest shareholder.



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Elon Musk, Tesla’s chief executive, became Twitter’s largest shareholder on Monday, spurring speculation that he might seek to play a role in the company.Credit…Pool photo by Christian MarquardtElon Musk, the billionaire chief executive of Tesla and the world’s wealthiest person, bought a nearly 10 percent stake in Twitter, the social media platform where he has more than 80 million followers and shares everything from business ideas and memes to, this past weekend, his experience at a famed Berlin nightclub.The purchase, made public on Monday in a regulatory filing with the Securities and Exchange Commission, is worth about $2.89 billion based on the closing price of Twitter’s stock on Friday. News of Mr. Musk’s buy-in sent Twitter share prices soaring.A spokesperson for Twitter did not immediately respond to messages requesting comment. Mr. Musk likewise did not respond to a request for comment.The purchase, equal to 9.2 percent of the company, appears to make Mr. Musk Twitter’s largest shareholder. Hi …

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