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Elon Musk promises $0 board salaries if his Twitter takeover succeeds as company adopts 'poison pill'

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Elon Musk took a swipe at the board of Twitter on Monday after the social media company adopted a 'poison pill' to protect itself from the second-biggest shareholder's $43 billion cash buyout offer.

Elon Musk took a swipe at the board of Twitter on Monday after the social media company adopted a "poison pill" to protect itself from the second-biggest shareholder's US$43 billion cash buyout offer.in response to a user's post criticizing the board.

Continuing his tirade against the company, Musk had launched a poll on Thursday asking his 80 million followers if "taking Twitter private at $54.20 should be up to shareholders, not the board," to which a large majority responded "Yes." Meanwhile, in a series of tweet replies, co-founder and former CEO Jack Dorsey called out Twitter's board on Saturday, saying "it's consistently been the dysfunction of the company."

 

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Elon is successful

If Musk succeeds in taking over Twitter it will be the end of Twitter as we know it. Might as well put it in one of his Rockets and send Twitter to Mars!

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Elon Musk targets Twitter board as company adopts 'poison pill'\u0022Board salary will be $0 if my bid succeeds, so that\u0027s ~$3M/year saved right there,\u0022 Elon Musk tweeted in response to a user\u0027s post criticizing the board.
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