Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Tech News

Elon Musk appointed as board member of Twitter after buying 9.2% stake

Ajibola Akamo by Ajibola Akamo
April 5, 2022
in Tech News
Elon Musk’s Tweets: Should one man have all that power?
Share on FacebookShare on TwitterShare on Linkedin

Elon Musk, the world’s richest man, has been announced as a new board member of Twitter. This is coming just after a recently released SEC filing showed that the Dogecoin and Bitcoin enthusiast purchased 73,486,938 unit shares of Twitter common stock, which is 9.2% of the total common stock in issuance.

The announcement was made by Parag Agrawal, the newly appointed CEO of Twitter on his Twitter page. He stated, “I’m excited to share that we’re appointing Elon Musk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.

RelatedPosts

Why every organisation should develop cybersecurity culture – Experts

Twitter rolls out new features to enhance user experience

“He’s both a passionate believer and intense critic of the service which is exactly what we need on Twitter, and in the boardroom, to make us stronger in the long-term. Welcome Elon!”

What you should know

  • Nairametrics previously reported on the SEC filing which revealed the billionaire had bought 9.2% of Twitter’s common stock on the 14th of March for $2.74 billion.
  • This purchase announcement comes after Musk did a Twitter poll towards the end of March 2022. Musk took to his handle on the 24th of March, to run a poll, asking whether or not Twitter algorithm should be open source.
  • He then did another poll the following day, asking whether or not Twitter rigorously adheres to the principle of free speech as essential to a functioning democracy. He then commented on his free speech poll stating, “The consequences of this poll will be important. Please vote carefully.”
  • Before Musk was announced as the new board member of the social media giant, he did another pool yesterday, asking his 80.5 million followers if they wanted the social media application to have an edit button.
  • Parag commented on this poll with sarcasm, stating, “The consequences of this poll will be important. Please vote carefully,” a reply similar to the comment Musk gave to his poll on the 25th of March 2022.

Twitter’s share price in the last one month is up by over 50%, with a majority of its gain coming in yesterday when the SEC filing was released. At the time of this writing, Twitter’s share price is up 9.83% in pre-market skirmish.

Related

Tags: Elon MuskFeaturedTwitter

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    •  Investors in MTN Public Offer gain N35 billion in 6 months
    • Crypto Focused Hedge Funds are Shorting USDT – Reports
    • Customs seizes N1.3bn worth of smuggled goods in Ogun between May and June

    Follow us on social media:

    Recent News

    : MTN-Nigeria-CEO-Karl-Toriola

     Investors in MTN Public Offer gain N35 billion in 6 months

    June 28, 2022
    Tether, the most promising stable coin, now the third most valuable cryptocurrency

    Crypto Focused Hedge Funds are Shorting USDT – Reports

    June 27, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com