The world's richest person had on Nov. 6 tweeted that he would sell 10% of his stock if users of the social media platform approved. A majority of them had agreed with the sale.

Since then, he has sold 9.2 million shares worth $9.9 billion. Last Tuesday, Musk sold 934,091 shares to meet tax withholding obligations related to the exercise of stock options.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Arun Koyyur)