Elon Musk Is on Twitter's Board. What Could Go Wrong?

Musk's appointment could herald a controversial push for "free speech" and invite more scrutiny from the SEC

ELON MUSK IS one of the tech sector’s most inscrutable individuals - as evidenced by his recent decision to become Twitter’s largest shareholder. On Tuesday, four weeks after he bought a 9.2 percent stake in the social networking platform through the purchase of nearly 73.5 million shares at a total cost of around $2.4 billion, Musk joined Twitter’s board, where he will remain through at least 2024.

Musk's shift from passive shareholder to member of the board is huge—and he now owns more than four times as much Twitter stock as the company’s founder, Jack Dorsey. (Musk’s stake was only announced on Monday, which is outside the time frame required by regulators, something experts say is a “slam dunk” violation of financial law.) His move has also left many wondering what’s next for Twitter.

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