Twitter Loses Elon Musk the Board Member, Regains Elon Musk the Shitposter
Maxwell Strachan, writing for Vice
The Monday filing states that going forward, Musk may “acquire additional shares of Common Stock” and “express his views to the Board and/or members of the Issuer’s management team and/or the public through social media or other channels” (which is corporate speak for tweet whatever he wants).
Heroic as it might have been for Twitter to stand up to Musk, or hilarious as it would have been if the world’s richest man simply wanted to avoid (or even failed) a background check, it seems more likely that Twitter had offered Musk a seat as a way to placate and defang him, and that Musk decided in recent days that he didn’t want to be contained.
[…]
Free from the shackles of the board, Musk got back to doing what he does best over the weekend: posting. He wrote tweets that asked “Is Twitter dying?”, suggested Twitter removed ads and converted its headquarters into a homeless shelter, and polled followers about whether the company should “Delete the w in twitter?
Twitter didn’t want a shitposter on its board. Going forward, this is going to get messy.