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Timothy L. O'Brien

How Will Elon Musk Change Twitter?

The company’s largest shareholder now also has a seat on the board, and his presence has both pluses and minuses.

Now a member of the board.

Now a member of the board.

Photographer: JIM WATSON/AFP

Just a day after it was revealed that Elon Musk had bought $3 billion of Twitter Inc.’s stock, making him its single largest shareholder, the company’s chief executive officer took to Twitter to announce how the world’s richest man had decided to exercise his leverage.

“I’m excited to share that we’re appointing @elonmusk to our board!” tweeted CEO Parag Agrawal on Tuesday. “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.”