Shares of Twitter fell 17.7 percent to $ 37.10 in pre-market trading after Ellen Musk changed her position. The stock price is now at its lowest level since Muscock disclosed his stake in the company in early April.
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Following the acquisition of Twitter, Ellen Musk announced some changes to the company’s management. Musk wondered if he could charge Twitter for commercial use and government service accounts without making Twitter available to everyone for free. No fees apply to regular customers anyway. Ellen Musk has made it clear that she will try to increase Twitter’s reach.