June 30, 2022

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Elon Musk’s Twitter Stake Might Resurface

Sparks are certain to fly at social media firm Twitter (TWTR) – Get the report from Twitter, Inc. subsequent board assembly in simply over two weeks in San Francisco.

New battle strains might be drawn in senior administration as new board member Tesla (TSLA) – Get the Tesla Inc report CEO Elon Musk and Twitter co-founder and former CEO Jack Dorsey are battling over competing visions of what Twitter would possibly appear like sooner or later.

Musk revealed on April 4 that he had bought almost 73.5 million shares of the social media firm for a 9.2% stake. A day later, the San Francisco firm introduced it will appoint the billionaire CEO to its board as a category two director with a time period expiring at Twitter’s annual assembly in 2024.