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Elon Musk Joins Twitter Board Of Directors After Becoming Their Biggest Shareholder

Wisdom Iwu by Wisdom Iwu
April 6, 2022
in Tech
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Elon Musk Joins Twitter Board Of Directors After Becoming Their Biggest Shareholder

World richest person and Tesla, SpaceX CEO Elon Musk has been unveiled officially as one of Twitter’s board of directors after becoming the company’s biggest shareholder.

“I’m excited to share that we’re appointing @elonmusk to our board!” Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board. Twitter CEO Parag Agrawal tweeted Tuesday morning.

“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. Welcome Elon!” Agrawal added.

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The announcement came one day after it became public that Musk has acquired 9.2% stake in the micro-blogging platform.

READ: How war affects a country’s economy

Elon Musk however agreed not to own more than 14.9 percent of Twitter’s stock or take over the company, which is based in San Francisco, according to a filing with the Securities and Exchange Commission.

In his swift response, Mr. Musk, said he hoped to “make significant improvements to Twitter in coming months.”

Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months! He tweeted.

Elon Musk

On Monday Elon musk asked Twitter users if they wanted what a vocal group of them have been seeking for years: the ability to edit their tweets.

“Do you want an edit button?” Musk asked in a poll.

The answers, cheekily, were “yse” or “on.”

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Tags: Elon MuskTwitter
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Wisdom Iwu

Wisdom Iwu

Wisdom Iwu can be found writing, designing and developing all sorts of great content. A freelance writer, thinker and lifelong learner with an ongoing curiosity to learn new things.

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