The Wall Street Journal: Icahn, other big-name investors clean up on Elon Musk’s Twitter reversal

by | Oct 4, 2022 | Stock Market

Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter
stake of well over $500 million in the past few months and made a sizable profit Tuesday after the shares shot up on news that Musk offered to close his $44 billion purchase of the social-media giant on the original terms, according to people familiar with the matter.

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