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Elon Musk would need to purchase an additional 40.8% stake in Twitter to become the majority shareholder. This would cost him about $15.3 billion, which some allege he be considering.
Elon Musk will not join the board of Twitter despite now being the company s biggest shareholder, Chief Executive Parag Agrawal said in a tweet on Sunday.
The piece criticized the Tesla CEO s $3billion Twitter buy-in as highly disconcerting - but saw no mention of the outlet s billionaire owner, Jeff Bezos.