Elon Musk to join Twitter’s board of directors

Re:Elon Musk to join Twitter’s board of directors by frob on Tuesday April 05, 2022 @10:29AM (#30919453)

No, it is literally a private company. Which is why we are having this discussion based off of SEC filings.

Edit: sorry, I mixed up public company and public good. Twitter is a public company, but not a public good.

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Re:Elon Musk to join Twitter’s board of directors by Ajay-p on Tuesday April 05, 2022 @10:35AM (#30919553)

I don't think that means what you think it means, perhaps you are international? A Public company is one that is owned by shareholders of a public exchange. This is why Elon can buy into it and become a member of the board. If it were a private company he could not do that.

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Re:Elon Musk to join Twitter’s board of directors by dahfizz on Tuesday April 05, 2022 @10:37AM (#30919583)

No, it is literally a public company. TWTR is traded on NASDAQ. Which is why we are having this discussion based off of SEC filings. Private companies are not required to file with the SEC.

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Re:Elon Musk to join Twitter’s board of directors by xeromal on Tuesday April 05, 2022 @10:33AM (#30919521)

I believe they mean public in the publically-traded sense, but I agree with you. It's not in the public (citizen controlled) sense

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Re:Elon Musk to join Twitter’s board of directors by himinlomax on Tuesday April 05, 2022 @10:32AM (#30919507)

If it wasn't a public company, it wouldn't be under the SEC's jurisdiction.

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Re:Elon Musk to join Twitter’s board of directors by JumpCrisscross on Tuesday April 05, 2022 @10:35AM (#30919548)

> If it wasn't a public company, it wouldn't be under the SEC's jurisdiction

All securities are under the SEC's jurisdiction, including those issued by unlisted companies, e.g. start-ups.

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