Goldman, who was Twitter’s vice president of product, told Bloomberg that the company’s chairman, Bret Taylor, and CEO Parag Agrawal struck a deal with Musk to bring him on as a director in exchange for his agreeing not to buy up more shares.Īn SEC filing submitted days later revealed that Musk owned a 9.2% stake in Twitter - which at the time was equivalent to 73.4 million shares, the most of any shareholder. Jason Goldman, a former member of the board who was part of Twitter’s founding team more than a decade ago, told Bloomberg News that he believes Dorsey encouraged Musk to buy the company outright after Musk had initially been in talks to merely join the board. Why Elon Musk welcomes a US recession: ‘Bankruptcies need to happen’įormer Twitter CEO Jack Dorsey served the company on a platter to Elon Musk by “backstabbing” the company’s board of directors, one of the social media giant’s co-founders alleged. SEC probing Elon Musk’s Twitter stake purchaseĮlon Musk trolls AOC on Twitter over her Tesla Musk ally Egon Durban keeps Twitter board seat despite shareholder vote
