The Blubber

Jack Dorsey Retains a 2.4% Stake in Twitter Even After Elon Musk's $44 Billion Acquisition
11/1/2022

Per Axios, SEC, and Business Insider

Jack Dorsey, the co-founder of Twitter, retained a 2.4% stake in Twitter after Elon Musk's $44 billion acquisition.

Per an SEC filing, Dorsey retained his 18,042,428 shares which would total $1 billion, by rolling it over into a stake.

The co-founder rolled over his Twitter shares on October 27, when the acquisition was finalized, to the new holding company for Twitter, X Holdings I Inc.

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