The term runs out at its 2024 yearly investors conference
Elon Musk is signing up with Twitter’s board of supervisors a day after revealing that the Tesla chief executive officer took a 9% risk in the social networks system.
Twitter Inc. stated in a regulative declaring Tuesday that it participated in a contract with Musk on Monday that will certainly offer the billionaire a seat on its board, with the term running out at its 2024 yearly investors conference.
Musk, either alone or as a participant of a team, will not be permitted to have greater than 14.9% of Twitter’s impressive supply for as lengthy as he’s a board participant and also for 90 days after.
