Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake , worth about $3 billion, in the social media platform. Twitter Inc. confirmed on Tuesday. Musk won’t be allowed to own more than 14.9% of Twitter’s outstanding stock for as long as he’s a board member and for 90 days after. The company also said “it became clear to us that he would bring great value to our Board.” Musk became its biggest shareholder and openly questioned the social media platform’s dedication to free speech and the First Amendment. Musk has not spoken specifically about any Twitter rule changes but he tweeted Tuesday to his 80 million Twitter followers that he wants to make “ significant improvements to Twitter in coming months! ”
Twitter is hardly the largest social media platform. Twitter shares surged nearly 30% on the news of Elon Musk’s purchase. A few months ago, he described the ideology at the heart of Twitter’s business operations, as “one of the greatest threats to modern civilization.” Elon Musk is a massive threat to the way things are. Significant news are to come and the billionaire Musk is on the way to change someting in the world’s communications, soon.