The abrupt reversal over the board seat over the weekend ignited renewed speculation about Musk’s intentions for Twitter since the Tesla Inc.
If Musk wishes to make a full takeover offer, he can make a hostile bid for the company, and take his offer directly to shareholders.
News that Musk would be joining the board was greeted enthusiastically by investors, who sent the shares soaring about 30% over two days last week.
Musk wasted no time in appealing to users about prospective moves from turning Twitter’s San Francisco headquarters into a homeless shelter and adding an edit button for tweets, to granting automatic verification marks to premium users.
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