Twitter will appoint Elon Musk to its board of directors

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Twitter is appointing Tesla CEO Elon Musk to its board of directors, according to a filing with the Securities and Exchange Commission.

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Musk will serve as a class II director until 2024. This is a type of position that can be used as an anti-takeover measure.

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“The Company will appoint Mr. Musk to the Company’s Board of Directors (the “Board”) to serve as a Class II director with a term expiring at the Company’s 2024 Annual Meeting of Stockholders,”

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Musk responded, via Twitter saying he looks forward “to making significant improvements to Twitter in coming months!”

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Give a heart to this story, Only 0.57% of legends do it. Give a heart to this story, Only 0.57% of legends do it. Before we move on, A HUMBLE REQUEST.

Musk announced via an SEC filing he’d purchased a 9.2 percent stake in Twitter, despite his complaints about free speech on the platform.

This makes Musk the largest individual shareholder in the company. The same day Musk bought into Twitter, he polled followers about creating an Edit button. Agrawal replied by saying “the consequences of this poll will be important.”