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Clarence Page: Elon Musk makes his move on Twitter — but toward what?

5 10 4
13.04.2022

First he said he would, then he didn’t.

Less than a week after the announcement that Tesla CEO Elon Musk had become Twitter’s largest shareholder and would be joining the company’s board, Twitter announced over the weekend that, well, not quite.

Musk, the world’s richest man, remains the largest shareholder of Twitter after purchasing 9.2% of the social media giant’s stock, but he won’t be joining the board, Twitter CEO Parag Agrawal announced Sunday. No explanation was offered for the reversal.

Joining the board probably would not have given Musk the freedom to do what he wants, although what he wants remains to be seen. Either way, news of his growing power already has ruffled more feathers in tech circles than a fox in a chicken coop.

“For those of us who care about equity and accountability,” former Reddit CEO Ellen K. Pao wrote in a Washington Post op-ed, putting Musk on the board is “highly disconcerting — a slap in the face, even.”

But staunchly libertarian and self-described “free speech zealot” Musk has stirred just as much support on the other political side.

Political conservatives, for example, flooded social media to call on Musk to return Donald Trump to Twitter.........

© Chicago Tribune


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