Twitter to name top shareholder Musk to board

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BENGALURU — Twitter Inc TWTR.N said on Tuesday (April 5) it would name top shareholder and Tesla TSLA.O boss Elon Musk to its board, a day after the billionaire disclosed a 9.2 per cent stake in the social media company.

BENGALURU — Twitter said on Tuesday it would name top shareholder and Tesla boss Elon Musk to its board, a day after the billionaire disclosed a 9.2 per cent stake in the social media company.

"I'm excited to share that we're appointing @elonmusk to our board," Twitter chief executive Officer Parag Agrawal said in a tweet. On Monday, Mr Musk disclosed his ownership of 73.5 million Twitter shares, which are held by the Elon Musk Revocable Trust, of which he is the sole trustee.

 

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