Elon Musk Is Appointed To Twitter Board
The other day, we were revealing that Elon Musk and Twitter fans have something to celebrate. The other day, we revealed that Musk is now the biggest shareholder at Twitter. He reportedly bought a $3 billion stake (9.2%)...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The other day, we were revealing that Elon Musk and Twitter fans have something to celebrate. The other day, we revealed that Musk is now the biggest shareholder at Twitter. He reportedly bought a $3 billion stake (9.2%) and the Internet is going crazy with excitement.
Twitter is currently celebrating the great news and there are all kinds of juicy posts about this.
Elon Musk has already made ~$750 million on his Twitter trade, which is approximately double Twitter’s net income for the last 3 years.
— Ben Thompson (@benthompson) April 4, 2022
Now, it seems that Musk is also appointed to the Twitter board.
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
Check out Musk’s answer to this important move:
Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!
— Elon Musk (@elonmusk) April 5, 2022
Michael Saylor hopped in the comments and said the following: “Congratulations. Your engagement represents an awesome opportunity to make@Twitter a better place and bring more freedom to the world.”
Someone said: “billionaire who heavily uses social media to manipulate his public image and personal businesses, buys chunk of social media company to eliminate future problems?” and another follower defended Musk: “Billionaire who changes the world for good… SpaceX, Tesla, Boring company, starlink… only reason we were able to send Americans to space on American rockets in a decade. Changing the way we use rockets and ignited the EV market. You talking about that guy?”
A lot of people are expecting to see changes on Twitter from now on, that’s for sure. Stay tuned for more news and also make sure to keep your eyes on the market.
The post Elon Musk Is Appointed To Twitter Board first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Elon Musk Grok AI Predicts Bitcoin Could Hit $1M by 2027
Elon Musk’s Grok AI predicts a wild price target for Bitcoin through the end of 2026, claiming that in a full-blown bull market, c...
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse Pro-crypto regulator Mike Selig has...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Winklevoss Zcash ETF Filing Brings Privacy Coin Exposure To Nasdaq
TL;DR: Winklevoss Asset Services has filed an S-1 with the SEC for the Winklevoss Zcash ETF, a proposed Nasdaq-listed product desi...
Cardano Brings Compliance Rules On-Chain With CIP-0113 Launch
TL;DR: Cardano’s CIP-0113 programmable token standard is now live on mainnet. It gives issuers the ability to build controls such...
Robinhood Adds Bitcoin to Its Balance Sheet: A Strategic Signal from a $100B Fintech
Bitcoin Magazine Robinhood Adds Bitcoin to Its Balance Sheet: A Strategic Signal from a $100B Fintech Robinhood has taken a clear...