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ELON MUSK JOINS TWITTER BOARD AFTER AMASSING MASSIVE STAKE
AppleMagazine
|April 08, 2022
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.
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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.”
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