News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

People

Elon Musk confirms Twitter stake isn’t passive anymore

Tesla boss refiles paperwork with the SEC after taking a seat on the social media giant's board

Tesla chief executive Elon Musk has refiled the disclosure of his stake in Twitter to reflect the change in status from passive to active investor after being named a board member at the social media company.

Musk made the disclosure on 5 April in a 13D filing with the US Securities and Exchange Commission which showed his intention to be more active in Twitter's business.

WSJ Logo