Musk Sells $4B In Tesla Shares, Presumably For Twitter Deal

A filing with the Securities and Exchange Commission showed the shares were sold over the days following acceptance if his offer to acquire Twitter.

Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.

Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.

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