Twitter has confirmed it will offer Elon Musk a seat on its board of directors until at least 2024. As a result, the world's richest man won't be allowed to own more than 14.9% of Twitter's outstanding stock for as long as he is a board member. It comes just a day after Musk became the social media giant's largest shareholder - acquiring a 9.2 per cent stake. Twitter shares soared by 27 per cent due to the news - adding roughly $8 billion to its market value.
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