Explained: Did Elon Musk Fire Twitter Board Members? After Buying The Company
3 min read
Elon Musk’s purchase of Twitter has sparked a flurry of online debates and rumours. According to one report, the billionaire immediately sacked all members of the Twitter board of directors after purchasing the company.
The Tesla CEO’s recent transaction has elicited a variety of responses from Twitter users as well as Tesla workers.
While Elon’s decision was backed by the company’s founder, Jack Dorsey, some employees are skeptical of his aspirations for the social media site.
Elon Musk fired members of the Twitter board?
The billionaire, who has been extremely active on Twitter recently, has notified his fans of a number of improvements he plans to make to the network.
None of his tweets, however, suggest that after the acquisition is complete. He will fire members of the board of directors.
Elon Musk apparently responded to a Twitter user on April 18. He said, “Board salary will be $0 if my bid succeeds, therefore that’s $3 million/year saved right there.”
The 50-year-old business man recently tweeted about what he plans to do with the platform’s shareholders once he completely owns it.
What Twitter’s management has to say about Elon Musk’s deal?
Advertisement
Elon’s deal has been backed by several members of the Twitter board of directors. The company’s most senior member offering his support to the deal.
“Elon is the singular solution I trust,” Jack Dorsey, the company’s co-founder, said in favor of the Tesla CEO. I have faith in his goal to spread consciousness.”
Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is also @paraga’s goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path…I believe it with all my heart.
— jack⚡️ (@jack) April 26, 2022
Bruce Daisley, who was once Twitter’s most senior employee outside of the United States and vice-president for Europe, the Middle East, and Africa, questioned Elon’s renewed focus on free expression.
Excessive free speech on the platform, the CEO argued on BBC Radio 2’s Jeremy Vine Show, has led in “many people, notably women and those in the public eye,” being subjected to abuse.
Elon Musk agreed to pay $44 billion for Twitter
Twitter’s board of directors has approved to Elon Musk’s $44 billion (£34.5 billion) buyout offer.
Elon Musk, who made the surprise investment less than two weeks ago, claimed Twitter had “tremendous potential” that he would help to realise.
Can someone just tell me if I’m rich or fired please
— Ned Miles (@nedmiles) April 25, 2022
He also demanded a slew of adjustments, ranging from loosening content restrictions to eliminating bogus accounts.
According to Forbes magazine, Elon Musk is the world’s richest person. He has a net worth of $273.6 billion. It is largely due to his ownership of electric vehicle producer Tesla, which he also controls. He is also the CEO of SpaceX, an aerospace company.
How we see Elon Musk pic.twitter.com/wdFXMAQwC8
— Devil Meets Evil 🇳🇦 (@dme_0108) April 28, 2022
The twitter logo after Elon Musk finally take over 😂 pic.twitter.com/r2KVD77ru3
— Steeze 👀 (@__Steeze1) April 28, 2022
Reality is often disappointing, that is it was. Now ( YouTube as reality stone) reality can be whatever I want. Elon musk pic.twitter.com/BGdDsMKq9Z
— A TIEDYEfreak🌈/MovieCritic📺 (@Jonnypillz) April 28, 2022
— The Right To Bear Memes (@grandoldmemes) April 25, 2022
This is still genius to me. 😂🤣 pic.twitter.com/BhtlYtOWPz
— Ronwell (@Ronwell03) April 25, 2022
- Also read: James Madison’s softball player Lauren Bernett’s death has been classified as an apparent suicide
Ankita Khanrah
Ankita Khanrah is a second-year student of the Master of Communication and Journalism (Integrated) programme at the School of Mass Communication, KIIT Deemed University, Bhubaneswar.
