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Fans Speculate That Elon Musk Will Completely Takeover Twitter Following His U-Turn on Joining the Board



After purchasing a 9.2% stake of popular social media platform Twitter, it seemed inevitable for billionaire Elon Musk to join the company’s board of directors.

However, in a sudden turn of events, the Tesla CEO has decided to stay away from it, and according to Twitter CEO Parag Agrawal, Musk won’t be part of the company’s board.

It’s unclear what caused Musk to forego his seat at Twitter’s board of directors. In Agrawal’s tweet about the company’s largest shareholder, it was mentioned that Elon Musk refused to undergo background checks that are required before joining the board.

However, Musk’s biggest fans believe that the SpaceX founder has other intentions, which could include buying out more shares of Twitter.

If Musk joined the board of directors at Twitter, then he would be limited to owning less than 15% shares of the company. The billionaire already has 9.2%, which makes him the company’s largest shareholder.

However, he might be looking to increase his stake in the company, which could further help him in taking over the platform completely, and it will be interesting to see what Musk has planned for the future of Twitter.





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