February 6, 2023

Elon Musk announces poll for radical change on microblogging site after joining Twitter board as single biggest shareholder; CEO Parag Agrawal reacts

Elon Musk on Tuesday didn’t tweet about becoming a member of the Twitter board after changing into the one greatest shareholder within the microblogging website. However the billionaire Tesla founder introduced a ballot on Twitter for a radical change on the social media platform. Twitter CEO Parag Agrawal, nevertheless, didn’t waste time in welcoming Musk to the corporate’s board.

Agrawal wrote, “I am excited to share that we’re appointing @elonmusk to our board! By conversations with Elon in current weeks, it grew to become clear to us that he would deliver nice worth to our Board.”

He added, “He is each a passionate believer and intense critic of the service which is precisely what we want on @Twitter, and within the boardroom, to make us stronger within the long-term. Welcome Elon!”

Musk replied, “Wanting ahead to working with Parag & Twitter board to make important enhancements to Twitter in coming months!”

This was after Musk introduced a ballot on Twitter asking customers in the event that they needed the social media platform to introduce ‘edit’ button. He wrote, “Would you like an edit button?” Greater than 28 lakh individuals had taken half in his ballot with eight extra hours to go. Of them, 74.3% of individuals had voted in favor of Twitter introducing edit button.

Additionally Learn: Speculations rise after Elon Musk slams Twitter on free speech, says new ‘platform wanted’

Agrawal shared Musk’s tweet and requested customers to vote rigorously for the reason that end result of the ballot shall be ‘vital.’ “The results of this ballot shall be vital. Please vote rigorously,” he wrote.

Twitter co-founder Jack Dorsey tweeted, “I am actually completely satisfied Elon is becoming a member of the Twitter board! He cares deeply about our world and Twitter’s position in it. Parag and Elon each lead with their hearts, and they are going to be an unbelievable workforce.”

Musk’s 9.2% stake in Twitter might seem insignificant, however the information of Musk changing into the one greatest shareholder in Twitter pushed its share values ​​sharply. This meant that Tesla founder’s stake is already being valued at greater than $3bn.

Not too way back, Musk had lashed out at Twitter for curbing free speech as he known as for another social media platform.

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