Elon Musk, the CEO of Tesla, has been elected to Twitter's board of directors.
He recently purchased 9% of Twitter stocks, making him the company's largest stakeholder. Surprisingly, it also raised Twitter's stock value by 22 percent when Elon Musk invested in its inventory.
Today, April 4th, Twitter CEO Parag Agarwal publicly confirmed that Elon Musk will be appointed to Twitter's board of directors. They chose Elon's mask based on his perseverance and harsh criticism against their services. It is critical to discuss the disadvantages of social media and make people aware of them, which Musk has done brilliantly.
How does Elon Musk become a Twitter board of directors?
Elon Musk, the CEO of Tesla and the most well-known Twitter influencer, has been whispering and criticizing Twitter. On Twitter, he recently created a poll about free speech and asked people if they needed any more social media. Twitter, the social networking company, has seen a tremendous backlash against them and is close to reaching a decision.
Also, social media influencer Elon Musk recently formed a pool about adding an edit button on Twitter; whom Twitter CEO retweeted and said to vote carefully because it will have a significant impact in the next few days.
Why did Twitter elect Elon Musk to a board of directors?
Recently, Twitter has been overwhelmed with influencer critical messages against this social media company. Musk created pool after the pool and asked his friends and followers if there was a need for a new social media network that is transparent, open-source, and supports free expression. It was a big step forward against this social media company.
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On the other hand, the social media company saw many critics against them and decided to create Elon Musk on a board of directors. Furthermore, he holds most of Twitter's shares, around 9.2 percent. Elon Musk purchased a stake in Twitter, causing the company's stock price to skyrocket more than 33% higher than ever. In addition, some news reports revealed the precise amount of money that Elon Musk invested, worth 2.89 billion dollars.
It also implies that the social media platform will undergo considerable change in the next few days, demonstrating the power of being both a CEO and an influencer simultaneously. Twitter is anticipating rolling out an edit button based on a recent Elon Musk poll that received 3,482,213 votes, with more than 73.4 percent of respondents agreeing to have an edit button on Twitter. It is a strong indicator of the future improvements in the world's leading social networking company.Follow our social media profiles for the most up-to-date information and updates on Samsung and other major brands.