Posted on 04/05/2022 6:08:56 AM PDT by shadowlands1960
- Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC.
- Shares were up more than 5% in premarket trading.
- “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.
Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC.
Shares were up more than 6% in premarket trading.
“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.
“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,” he added.
Musk’s term is set to expire in 2024, according to the filing. For his entire board term or 90 days after, Musk cannot be the beneficial owner of more than 14.9% of the company’s common stock outstanding.
Musk’s purchase comes after a bout of criticizing the social media company. The outspoken Tesla CEO polled people on Twitter last month about whether it adheres to free speech principles. He added that he was considering building a new social media platform.
After he was named to the board, Musk on Tuesday teased 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.
(Excerpt) Read more at cnbc.com ...
Wait! What? 1A rights for voices right of center?!?!?!
Unpossible!
Wait! What? 1A rights for voices right of center?!?!?!
Unpossible!
Improvements I’d like to see:
1. Fire CEO Parag Agrawal
2. Reinstate Trump
3. Reinstate me
4. Purge all censors. Fire them all.
I wonder if they will allow “mean tweets,” again? 😀😂😊🙃😁😆😄🤣
Just burn the entire company down. When companies do what twatter has done, they do not deserve to continue. Make an example of them. They are infected top to bottom with leftists. There is no fixing that.
Perhaps this is a good thing, but I still will not do Twitter. Never have, BTW.
Do you suppose Musk has spent the weekend at Mar Lago?
Start by firing the POS Anti-American CEO.
>1. Fire CEO Parag Agrawal
Immediately. He’s probably like Better.com’s CEO who called and fired all of his American workers on Zoom and then hired all Indians to replace them.
Yeah. I don’t think he intends to burn $3 billion in public... Wait and see how it threshes out?
If he did then Trump is again braking the law, hiding the transcripts and telephone conversations. Sounds like a case for the January 6th circus commission.
Likewise Facebook.
It is an evil business model, and all such companies that practice it must be put out of business.
It just keeps getting better.
“They are infected top to bottom with leftists. There is no fixing that.”
Oh I’m not so sure about that my friend.......if what we think is gonna happen does happen, I suspect more than a few of those folks might just climb to the top of a tall building and jump off.
Thereby fixing itself.
If lefty heads are exploding, this is a good thing.
Musk didnt want him to have the job. Dorsey sucking up by putting Musk on the same level as Parag in an announcement
“Just burn the entire company down. When companies .......... Make an example of them. They are infected top to bottom with leftists. There is no fixing that.”
sure there is a fixing that—burn the entire company down!!!!
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