Elon Musk, Once more an Outsider at Twitter, Emerges as Unshackled Wild Card for Firm

After unveiling a roughly 9% stake in Twitter, Elon Musk was supplied a seat on the board, which he declined on Saturday.Photograph: jim watson/Agence France-Presse/Getty Photos

Elon Musk’s shock resolution to not be part of Twitter Inc.’s board offers the social-media firm much less management over its largest shareholder, paving the best way for him to press for modifications and communicate out freely in regards to the firm as an activist investor.

After unveiling final week a roughly 9% stake in Twitter, Mr. Musk was supplied a seat on the board, which he declined on Saturday.

To Learn the Full Story

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.