More

    Elon Musk joins Twitter’s board of directors, vows to make changes |

    Pool/Getty Images, Twitter

    Elon Musk became Twitter’s largest shareholder when he bought a $3 billion stake (9.2% of Twitter stock) in the company.

    In comparison, Twitter’s former CEO Jack Dorsey owns 2.5% of Twitter stock.

    Twitter appointed Musk to its board of directors according to a regulatory filing on Tuesday morning.

    According to reports, Musk decided to buy Twitter after satire website The Babylon Bee was suspended for a tweet the company didn’t like.

    Bloomberg reports that the CEO of The Babylon Bee said Elon Musk reached out to him to confirm that The Bee had been suspended from Twitter. During that discussion, Musk suggested that “he might need to buy Twitter.”

    When Twitter CEO Parag Agwaral welcomed Musk to the Twitter board, the Tesla CEO tweeted: “Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!”

    Several Twitter employees walked off the job after Musk joined Twitter’s board of directors on Tuesday.

    Trump supporters called for Musk to bring back former President Donald Trump who was banned from Twitter in 2020.

    Become a part of our family!
    Loading

    Latest articles

    Related articles