According to the fund, these arrangements effectively made Musk, who owns 9.6% of Twitter, the "owner" of more than 15% of the company's shares. It added that unless two-thirds of shares not "owned" by him approved the merger, it would be postponed for three years. Morgan Stanley owns 8.8% of Twitter's stock, while Dorsey owns 2.4 percent. In one of the world's largest leveraged buyouts, Elon intends to complete his $54.20 per share Twitter takeover this year. He is also the world's richest person, according to Forbes magazine, and runs Tesla Inc (TSLA.O), The Boring Company, and SpaceX.