📉 One of the biggest stories in the investing world for 2022 was the acquisition of social media platform Twitter by Elon Musk. The acquisition made Musk the CEO of Twitter, SpaceX and Tesla Inc — and had a large impact on the price of Tesla shares and his wealth. Musk completed the acquisition of social media platform Twitter in late October 2022, paying $44 billion for the company. Follow benzinga Musk began acquiring shares of Twitter in January 2022 with a disclosure that he had a 9.2% stake in the company filed in April 2022. He followed up the disclosure on April 14, 2022, by announcing he planned to buy the remaining shares he didn’t own for $54.20 each, a 54% premium over the closing price when he began investing in the company. To help finance the deal, Musk sold shares of Tesla earlier in 2022. Musk also sold shares again on several occasions to help provide additional cash to have on hand in case it was needed. Musk most recently sold 22 million shares of Tesla from De...