Twitter announced Tuesday it’s appointing Tesla and SpaceX founder Elon Musk to its board, expanding the billionaire’s influence during the ongoing debate over lack of free speech on the platform.
Twitter CEO Parag Agrawal tweeted the announcement Tuesday, writing that “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.”
“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!” Musk wrote, responding to Agrawal’s tweet.
The news comes after Musk purchased a 9.2% stake in Twitter Inc., according to a Monday filing from the SEC.
He now controls nearly 73.5 million shares of the company, making him the largest shareholder.
The purchase comes about a week after the billionaire criticized Twitter’s lack of free speech, saying it “fundamentally undermines democracy.”
This story originally appeared on Fox News.
