Elon Musk Joins Twitter’s Board of Directors in an Effort to Promote Free Speech
By Movieguide® Contributor
Elon Musk is joining Twitter’s Board of directors after acquiring a 9.2% stake in the company, making him the largest single shareholder.
Twitter CEO Parag Agrawal welcomed Musk to the company, tweeting, “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.”
Agrawal continued, “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!”
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
Musk replied, “Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!”
The Tesla CEO joined the social media company after complaining that the company was “failing to adhere to free speech principles.”
Musk’s term on the Board is set to end at the company’s 2024 annual stockholders meeting.
The move comes after the mogul purchased 73.5 million shares in the company.
As Movieguide® previously reported:
Musk revealed that he had given “serious thought” to building a platform of his own that focuses on free speech. Other users encouraged Musk to buy Twitter completely.
Musk also conducted a Twitter poll that read: Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?
The poll received over 2 million votes, with 70% of users voting “no.”
Free speech is essential to a functioning democracy.
Do you believe Twitter rigorously adheres to this principle?
— Elon Musk (@elonmusk) March 25, 2022
Twitter recently cracked down on users who violated their community guidelines.
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