Elon Musk has poked fun at being the biggest Twitter shareholder

Elon Musk has poked fun at being the biggest Twitter shareholder
Image via Twitter
@elonmusk

‘Next board meeting is gonna be lit’: Elon Musk teases role as Twitter ‘boss’

Elon Musk – the undisputed king of memes – has poked fun at his appointment on the Twitter board of directors…

Elon Musk has poked fun at being the biggest Twitter shareholder

Elon Musk has poked fun at being the biggest Twitter shareholder
Image via Twitter
@elonmusk

Elon Musk buying Twitter shares and become the biggest shareholder of the social media app is no joke…despite him sharing hilarious memes about it.

The South African-born businessman owns a 9.2 % stake in Twitter – more than founder himself Jack Dorsey, who owns a mere 2,3 % of the company.

Now Elon – who invested $3 billion into the platform – is vowing to shake things up after officially being welcomed onto the board of directors, and Twitter employees are not impressed!

ELON MUSK JOKES ABOUT TWITTER BOARD MEETING

Known for his tongue-in-cheek tweets and epic dad dance moves, Elon Musk shared a meme about how he planned to tackle his new role on social media.

And with 80 million followers, the 50-year-old Tesla founder knows a thing or two about Twitter.

“Twitter’s next board meeting is gonna be lit” read a meme which accompanied a pic of Elon smoking a blunt.

And Twitter employees have weighed in on their true feelings about their “new boss”.

“Good morning to our new overlord!”, tweeted Lara Cohen, the company’s Global Head of Partners.

Twitter researcher Matt DeMichiel shared a meme featuring rapper Drake giving a “crazy billionaire memeing stocks to the moon”.

A team lead Haraldur Thorleifsson simply tweeted his disapproval. He posted: “Elon Musk just (temporarily at least) made me a lot of money. And I still dislike him”.

He defended that he was entitled to his opinion as his words were essentially “freedom of speech”.

NO ‘HOSTILE TAKEOVER’

But despite owning the biggest stake in the company, Elon Musk originally took on a passive investor role via a 13G filing. But Musk has since filed a 13D form – meaning he will now take on a more active role.

However, his shares has been capped at just under 15% ownership to prevent a “hostile takeover”.

Despite this, it is still unexpected about Elon Musk will bring to the table after being appointed on the board of directors.

“We don’t know what his goals are. Maybe Elon Musk secretly wants to blow (Twitter) up. Maybe he wants to destroy it,” Jennifer Grygiel, a Syracuse University communications professor and an expert on social media told CBS News.

In a tweet, Musk said he was looking forward to making “significant improvements to Twitter in coming months”. He has recently proposed an “edit button” feature, the removal of “crypto spam bots” and has advocated for more freedom of speech on the platform.