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Dow Jones Futures: ‘Rapid’ Fed Shift Hits Market Rally; Elon Musk Steals Donald Trump’s Thunder

Techs sold off as a top Fed official urged rapid balance sheet cuts. Elon Musk's Twitter moves are weighing on Donald Trump's Truth Social. Read More...

Reuters

Musk to join Twitter board, promises change

(Reuters) -Twitter Inc said on Tuesday it will offer Tesla boss and entrepreneur Elon Musk a seat on its board of directors, a position he plans to use to bring about significant improvements at the social media site. The move came after Musk disclosed in a regulatory filing on Monday that he had amassed a 9.2% stake in Twitter, making him its largest shareholder. Beyond the promise of big change, Tesla Inc’s CEO, who often chooses unconventional paths, has provided little detail.

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