Elon Musk now largest Twitter shareholder

Tesla CEO Elon Musk acquired a 9% stake in Twitter to become its largest shareholder. The ultimate aim of Musk's 73.5 million share purchase worth $3 billion based on the closing price Friday, is not clear.Yet in late March Musk, who has 80 million Twitter followers and is very active on the site, questioned free speech on Twitter and whether the platform is undermining democracy.The regulatory filing says Musk bought the shares on March 14, describing him as a long-term investor looking to minimize his buying and selling of the shares.