Musk No Longer Twitter’s Largest Shareholder: Who Has the Top Spot With an Over 10 percent Stake in the Company?

Musk No Longer Twitter’s Largest Shareholder: Who Has the Top Spot With an Over 10 percent Stake in the Company?
Elon Musk. Courtesy of Tesla Owners Club Belgium/Flickr
Benzinga
Updated:
As Tesla Inc CEO Elon Musk hopes to buy Twitter Inc in a $43 billion deal, he is now no longer the company’s largest shareholder.

What Happened: A recent SEC filing shows that Vanguard Group is now the biggest shareholder of Twitter with a 10.3 percent stake in the company. That’s 82.4 million shares, worth $3.7 billion as of Friday’s close.