Elon Musk sells $8.5bn worth of Tesla shares to finance Twitter purchase

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Entrepreneur has agreed $54.20 per share cash deal for social media platform

Mr Musk will likely make some significant changes to the social media platform, having made several hints in recent months about what his intentions are. It comes after Musk’s friend Jack Dorsey stepped down as CEO and Parag Agrawal took over.

 

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