Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to recent reports.
“Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” CEO Parag Agrawal said in a tweet.
Former chief Jack Dorsey praised the move, saying in a tweet Musk “cares deeply about our world and Twitter’s role in it.”
Musk’s term is set to expire in 2024, according to a filing with the SEC.
Elon Musk on Tuesday teased that he would push for adjustments.
“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!” Musk said in a tweet.
Elon Musk took a Twitter poll yesterday, asking Twitter users to vote and give their opinion on the possibility of an “Edit Button”.
“The consequences of this poll will be important. Please vote carefully”, Parag supported the Tweet, ‘ which has garnered more than 3million votes so far.