NEW: Elon Musk has bought a 9.2% stake in Twitter, according to a regulatory filing released today. He criticized the company last month for 'failing to adhere to free speech principles.'
Twitter shares jumped more than 25% in premarket trading after news of Musk's purchase broke. Musk's 9.2% stake is equivalent to 73,486,938 shares of Twitter common stock and is worth $2.89 billion based on the company's closing price Friday.
. Twitter co-founder Jack Dorsey holds a 2.25% stake.Australia Latest News, Australia Headlines
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