The new date is April 29, 2022, 10:30am.

According to new SEC documents released on Friday, Musk sold another 5.2 million shares of the company for $4.5 billion, bringing his total share sales this week to nearly 10 million.

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Musk sold another 5 million shares of the company on Thursday.

Illustration by Forbes, Photo by Martin Schoeller

According to new regulatory filings, Musk sold over five million shares of the company's stock on Thursday at prices between $823 and $903 per share.

The most recent share sale resulted in $4.5 billion in proceeds, which will be around $3.5 billion after-tax.

The latest selling happened right after Musk sold off some of his shares in the company for $4 billion.

The billionaire CEO of the electric-vehicle company has sold roughly 9.6 million shares of his vehicle this week alone for pre-tax proceeds of around $8.5 billion.

After the company's board of directors approved his $44 billion takeover bid on Monday, Musk is looking to raise funds for the acquisition.

The news that Musk still owns 163 million shares of the company caused the stock to jump nearly 5%.

There will be no further TSLA sales after today.

Forbes calculates how much Musk is worth after the latest share sales. The majority of his fortune comes from his investments.

Surprising Fact:

Forbes estimates that Musk has $8.2 billion of cash, up from $1.7 billion before the stock sales this week. He promised $21 billion in equity commitments as part of the deal to buy Twitter.

Musk has sold about $4 billion of his shares in the company.

Musk's $44 billion deal was accepted by Twitter.