{"id":23176,"date":"2022-04-05T15:54:22","date_gmt":"2022-04-05T14:54:22","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=23176"},"modified":"2022-04-05T15:54:31","modified_gmt":"2022-04-05T14:54:31","slug":"elon-musk-joins-twitters-board-of-directors","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/elon-musk-joins-twitters-board-of-directors\/","title":{"rendered":"Elon Musk Joins Twitter’s Board of Directors"},"content":{"rendered":"\n
Twitter's CEO announced that Elon Musk<\/a> has been appointed to the company's board of directors. This development comes after the billionaire purchased approximately a 9.2% interest in the microblogging website.<\/h5>\n\n\n\n
\"Elon
Elon Musk Joins Twitter's Board of Directors<\/figcaption><\/figure><\/div>\n\n\n\n

In a tweet on April 5, Twitter CEO Parag Agrawal\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> announces Tesla CEO Elon Musk's appointment to the board of directors, agreeing to provide enormous value to the board. Musk will serve as a Class II director until 2024 in his new role.<\/p>\n\n\n\n

\u201cI\u2019m excited to share that we\u2019re 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.\u201d<\/p><\/blockquote>\n\n\n\n

According to a filing with the US Securities and Exchange Commission<\/a> (SEC), Elon Musk will not seek more than 14.9 percent ownership in Twitter during his stay on the board of directors and for the first 90 days following his departure.<\/p>\n\n\n\n

Twitter CEO Parag Agrawal commented on Elon Musk's intensity and critical personality, saying:<\/p>\n\n\n\n

\u201cHe\u2019s 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!\u201d<\/p><\/blockquote>\n\n\n\n

Despite his ongoing displeasure with Twitter's<\/a> lack of free expression, Elon Musk just purchased a 9.2% interest in the company.<\/p>\n\n\n\n

Musk also canvassed on installing an edit button on Twitter after purchasing a majority ownership. Twitter users have complained about the lack of a “edit” tool. More than a million people voted for an edit option in just a few hours.<\/p>\n\n\n\n

On Tuesday, Twitter's stock price rose 5% in pre-market trade to near $52. Furthermore, the Dogecoin<\/a> (DOGE) price has increased by 4% in the previous hour, with the current price trading at $0.15 at the time of writing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Twitter’s CEO announced that Elon Musk has been appointed to the company’s board of directors. This development comes after the billionaire purchased approximately a 9.2% interest in the microblogging website. In a tweet on April 5, Twitter CEO Parag Agrawal announces Tesla CEO Elon Musk’s appointment to the board of directors, agreeing to provide enormous […]<\/p>\n","protected":false},"author":12,"featured_media":23180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[8677,223,8678,482],"class_list":["post-23176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-board-of-directors-2","tag-elon-musk","tag-parag-agrawal","tag-twitter"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/image-29.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/23176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=23176"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/23176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/23180"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=23176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=23176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=23176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}