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TESLA tycoon Elon Musk will join Twitter’s board of directors after taking a 9 per cent stake in the social media platform.
Twitter disclosed today that it had entered an agreement to add Mr Musk to the board, with the company’s CEO Parag Agrawal saying he would “bring great value to our board.”
The Tesla boss has criticised Twitter in the past for censorship, but his new role will fuel fears that powerful corporate voices control platforms used by billions worldwide to communicate. He had previously mooted setting up his own social media platform, and has engaged in court action against US securities regulators over penalties for tweets deemed to illegitimately affect share prices.
Twitter was criticised in 2019 for allowing the creation of thousands of fake accounts which supported the army coup against Bolivia’s re-elected socialist president Evo Morales. Mr Musk was also a prominent coup supporter, telling critics of the US-backed putsch “we will coup whoever we want.”