Twitter Announces, Elon Musk Will Join, the Company's Board of Directors.<br />Twitter Announces, Elon Musk Will Join, the Company's Board of Directors.<br />ABC reports that Elon Musk will <br />join Twitter's board of directors.<br />The news comes just one day after <br />the world's richest man purchased <br />a 9% stake in the social media platform. .<br />On April 5, Twitter Inc. said in a regulatory filing <br />that Musk's term on the board will expire at the<br />company's 2024 annual shareholder meeting. .<br />According to the agreement, Musk won't be able to <br />purchase more that 14.9% of Twitter's outstanding <br />stock while serving on the board or for 90 days after. .<br />According to the agreement, Musk won't be able to <br />purchase more that 14.9% of Twitter's outstanding <br />stock while serving on the board or for 90 days after. .<br />Twitter CEO Parag Agrawal shared his support for <br />Musk joining the social media company's board. .<br />He’s both a passionate believer and intense <br />critic of the service which is exactly what <br />we need on @Twitter, and in the boardroom, <br />to make us stronger in the long-term, Parag Agrawal, Twitter CEO, via ABC.<br />On April 4, Musk purchased 73.5 million shares <br />in Twitter, estimated at about $3 billion. .<br />Shares of Twitter rose more <br />than 6% in pre-market trading. .<br />In the past, Musk has openly questioned Twitter's <br />dedication to free speech and the First Amendment.<br />Musk has yet to specifically discuss <br />any rule changes that he intends <br />to push at Twitter, though he did <br />tweet that he is looking to make , "significant improvements <br />to Twitter in coming months!".<br />Musk has yet to specifically discuss <br />any rule changes that he intends <br />to push at Twitter, though he did <br />tweet that he is looking to make , "significant improvements <br />to Twitter in coming months!".<br />ABC reports that Musk is currently <br />involved in a bitter dispute with the SEC <br />regarding his ability to post on Twitter.<br />ABC reports that Musk is currently <br />involved in a bitter dispute with the SEC <br />regarding his ability to post on Twitter.<br />According to Musk's legal team, <br />the SEC has infringed on the billionaire's <br />First Amendment rights. .<br />According to Musk's legal team, <br />the SEC has infringed on the billionaire's <br />First Amendment rights.
