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Elon Musk will join Twitter’s board of directors, becoming the largest shareholder with 9% stake in the company

Musk on Monday announced the purchase of a 9.2 percent stake in Twitter through an SEC filing. However, he has often surrounded Twitter on the issue of freedom of expression or free speech. But now he is going to become a member of the board of the same Twitter.

Elon Musk

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Tesla CEO Elon Musk (Elon Musk) Board of directors of social media company Twitter (Twitter) are joining. Just a day ago it was revealed that Tesla (Tesla) CEO has taken a 9% stake in the social media platform. Twitter Inc. said it has reached an agreement with Musk that will make him a member of its board. The Associated Press has given this report. On the other hand, the Securities and Exchange Commission filing states that Twitter is appointing Elon Musk to its board of directors. Musk will serve as a Class 2 director until 2024.

Twitter CEO Parag Aggarwal also told an important thing about Elon Musk. Parag Aggarwal made two tweets in which he said, We are happy to inform that we are going to appoint Elon Musk to our board. This has been talked about with Musk in recent days. It has become clear from conversations with him that he will bring many values ​​together across his board.

Earlier, Elon Musk had said in a tweet that he is full of expectations about working with Parag and the Twitter board. Musk also said that he is very optimistic about some major improvements to Twitter in the coming months. On this, Parag Aggarwal said that Musk is a strong critic of work and service and we need such a person in the boardroom to make Twitter strong for the long term.

what twitter said

Musk on Monday announced the purchase of a 9.2 percent stake in Twitter through an SEC filing. However, he has often surrounded Twitter on the issue of freedom of expression or free speech. But now he is going to become a member of the board of the same Twitter. The purchase of shares makes Musk the largest individual shareholder of Twitter. The day Musk shopped on Twitter, he told his followers about creating an edit button.

Musk’s statement

In fact, Tesla Inc CEO Elon Musk has started a Twitter poll, asking users if they want an edit button. “Do you want an edit button?” tweeted Musk, who has disclosed a 9.2 percent stake in the micro-blogging site. Among the many responses to the poll, Twitter CEO Parag Agarwal was the most prominent. He tweeted, “The results of this poll will be important. Please vote carefully.”

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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