Domain changed to archive.palanq.win . Feb 14-25 still awaits import.
[107 / 1 / 31]

Elon Musk joins Twitter Board of Directors one day after buying 9% of the company for $3billion

No.1027163 View ViewReplyOriginalReport
https://www.nytimes.com/2022/04/04/business/twitter-elon-musk-directors.html
https://www.cnbc.com/2022/04/05/twitter-confirms-edit-button-test-after-elon-musk-polls-followers.html
https://www.wlbt.com/2022/04/05/elon-musk-join-board-directors-twitter/

Elon Musk is joining Twitter’s board of directors a day after revealing that he’d become the social media platform’s largest shareholder with a 9% stake.

The billionaire has criticized Twitter publicly about its commitment to free speech. He’s also run into trouble on the platform as the CEO of Tesla after financial regulators found he had posted inaccurate information about the company.

Musk is barred from owning more than 14.9% of Twitter’s outstanding stock while he sits on the board, Twitter Inc. said in a Tuesday regulatory filing.

Musk has been speaking with the company in recent weeks and Twitter CEO Parag Agrawal said in a tweet that “it became clear to us that he would bring great value to our Board.”

“He’s both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term,” Agrawal wrote.

Musk said he’s looking forward to working with Agrawal and the board “to make significant improvements to Twitter in coming months!”

Musk wasted no time in weighing in on one of the biggest gripes Twitter users have about the platform late Tuesday, asking in a tweet if he should add an edit button.