Elon Musk Now Twitter's Biggest Shareholder

Twitter Sees Big Change As Elon Musk Joins Board

Musk has over 80 million followers on Twitter app platform
2 years ago
1 min read

Following  acquisition of 9.2 per cent shares, Twitter has appointed Tesla chief executive Elon Musk to its Board of Directors after an effective stake purchase.

Welcoming Elon to the Board of Twitter, Chief Executive of Twitter, Parag Agrawal Tuesday announced his appointment on the platform.

Agrawal said: ‘‘Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board. He is 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!’’

With over 80 million followers on the Twitter app, Elon Musk had been canvassing opinion through his polls in the past few weeks regarding what he thought the design of Twitter should look like.

There is now little doubt that, with his admission on the Board of the vibrant social media platform, there would not be significant change in brand design for Twitter.

Shortly after Prime Business Africa reported news of Elon Musk becoming one of Twitter’s biggest shareholders, the electric carmaker tweeted: ‘‘Oh hi lol.’’

He later followed up on the tweet by posting a poll asking if users wanted an edit button.


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