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Twitter’s stock jumped more than 27% over its previous day’s closing price after Musk made the disclosure.

The company also received a delisting notice from the New York Stock Exchange, it announced Monday, because the average closing price of shares was less than $1 over a consecutive 30 trading-day period.

At Friday’s closing price, the shares were worth about $47 billion.

Tan will receive the full award if the average closing price is at or above $1,125 for 20 consecutive days between October 2025 and October 2027.

The image showed that Gill may hold 5 million shares of GameStop that were worth $115.7 million as of the closing price on Friday.