Elon Musk Is on Twitter's Board. What Could Go Wrong? | WIRED UK

Elon Musk is one of the tech sector’s most inscrutable individuals—as evidenced by his recent decision to become Twitter’s largest shareholder. On Tuesday, four weeks after he bought a 9.2 percent stake in the social networking platform through the purchase of nearly 73.5 million shares at a total cost of around $2.4 billion, Musk joined Twitter’s board, where he will remain through at least 2024.Musk’s shift from passive shareholder to member of the board is huge—and he now owns more than four times as much Twitter stock as the company’s founder, Jack Dorsey. (Musk’s stake was only announced on Monday, which is outside the time frame required by regulators, something experts say is a “slam dunk” violation of financial law.) His move has also left many wondering what’s next for Twitter.Musk joined back in June 2009 and has amassed 80.7 million followers to date. But despite such popularity on the platform, he has a longstanding love-hate relationship with it. In July 2016, he professed his love for Twitter. Then in February 2017 he described it as a “hater Hellscape.” By December 2017, he was back to loving it. In February 2019, Musk replied to Twitter founder Jack Dorsey to say…
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