Fed up with Twitter's repeated censorship, Elon Musk vents his frustration by investing $3 billion, securing the position of Twitter's largest shareholder.

Elon Musk has officially claimed the title of Twitter's largest shareholder.

After numerous speculations, Elon Musk has finally specified his long-standing goal—to own the world's largest social network.

In a recent disclosure from the U.S. Securities and Exchange Commission (SEC), Elon Musk has acquired 73.5 million Twitter shares, approximately worth nearly $3 billion. With the total value of Twitter shares held, Elon Musk has become the largest shareholder of this social media platform. In other words, SpaceX's owner is inching closer to outright ownership of Twitter (if he continues to increase the shareholding).

Following the announcement, Twitter's stock price soared in the trading session on April 4th. The company's stock surged by 27%, rising from $39.31 to $49.97. This marks the largest single-day growth for Twitter in years.

Not long ago, Musk criticized Twitter for its inability to create an environment allowing user free speech. The SpaceX CEO even hinted at creating his own social network. However, the acquisition of over 73 million Twitter shares indicates that Elon Musk is taking a faster route. Instead of building from scratch, it seems the billionaire is considering swallowing Twitter whole.

Elon Musk's unstoppable ambition and vast financial resources make Twitter's acquisition by him only a matter of time.

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