Twitter Board Salary Will Be $0 If Elon Musk Acquires Company

April 19, 2022
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
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