Elon Musk is set to join Twitter's board of directors, a move that potentially boosts his influence over the social media platform and which comes one day after it was disclosed that he had become the company's largest individual shareholder
New York Elon Musk is set to join Twitter's board of directors, a move that potentially boosts his influence over the social media platform and which comes one day after it was disclosed that he had become the company's largest individual shareholder.
Twitter said in a regulatory filing Tuesday that it plans to appoint the Tesla and SpaceX CEO to its board for a term that ends in 2024. As part of the deal, Musk has agreed not to acquire more than 14.9% of the company's shares while he remains on the board. Elon Musk buys 9.2% stake in Twitter, making him the largest shareholderOn Monday, Twitter said in a filing that Musk had bought 9.2% of its shares.
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