Elon Musk says 'significant improvements' coming up as he joins Twitter board

Elon Musk joined the Twitter board today, a day after he acquired 9.2 percent stake in the company.

Tech billionaire Elon Musk has joined the Twitter board, a day after he acquired 9.2 percent stake in the social media giant making him the largest shareholder in the company.

Twitter CEO Parag Agrawal made the announcement today to which Musk, 50, replied:

“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!”

Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!

— Elon Musk (@elonmusk) April 5, 2022

The shake-up also got former Twitter CEO Jack Dorsey’s approval.

"I’m really happy Elon is joining the Twitter board! He cares deeply about our world and Twitter’s role in it. Parag and Elon both lead with their hearts, and they will be an incredible team," he tweeted.

I’m really happy Elon is joining the Twitter board! He cares deeply about our world and Twitter’s role in it.

Parag and Elon both lead with their hearts, and they will be an incredible team. https://t.co/T4rWEJFAes

— jack (@jack) April 5, 2022

Shares of Twitter Inc jumped as much as 26 percent in pre-market trading soon after the announcement.

Also read: Elon Musk joins Twitter board, Parag Agrawal welcomes 'passionate believer, intense critic'

Musk is an avid Twitter user with a whopping 80 million followers and has periodically conducted polls to ascertain whether the social media platform adheres to principles of free speech. In another poll, he asked users whether Twitter’s algorithm should be open source.

Just half a day ago, Musk started a poll asking users if they want an edit button on Twitter.

Parag Agrawal had also tweeted the poll saying: "The consequences of this poll will be important. Please vote carefully."

73.5 percent people have already voted yes for the edit button. The poll still has 11 hours to go.