) stocks soaring last week after he revealed - rather fittingly - through a tweet that he had filed an offer with the SEC to buy the American social media company. The stock rose more than 18% at its peak, and retained a 5% increase in price through Tuesday morning.
Despite the topic’s dominance of financial news headlines for the past week, it remains unclear whether Musk would be able to secure funding for the bid. German Chancellor Olaf Scholz and Elon Musk attend the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS
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