Elon Musk to Join Twitter Board After Becoming Largest Shareholder

Tesla and SpaceX CEO Elon Musk will be joining the board of directors at Twitter. The appointment comes after the billionaire took a 9.2 percent stake in the social media company, which makes him the company’s largest shareholder.

“I’m excited to share that we’re appointing @elonmusk to our board!” announced Twitter CEO Parag Agrawal on Tuesday. “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.”

“He’s 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!” Agrawal added in a follow-up tweet.

I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.

— Parag Agrawal (@paraga) April 5, 2022