Elon Musk, 50, is the largest shareholder in Twitter with 9.2 percent stake that he acquired on Monday.
Tech billionaire Elon Musk has joined the Twitter board, the social media giant’s CEO Parag Agrawal announced today in a significant move after the Tesla chief acquired 9.2 percent stake in the company and became its largest 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,” Agrawal tweeted.
“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!” he added.
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!
— Parag Agrawal (@paraga) April 5, 2022
The SpaceX CEO also responded to Twitter’s Indian-origin CEO tweet.
“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!” Musk’s tweet read.
Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!
— Elon Musk (@elonmusk) April 5, 2022
