Elon Musk Just Seized Twitter's 'Memes Of Production' & Bought His Way Onto Its Board

Elon Musk has been questioning Twitter's rules around "free speech" lately and is now joining the social media platform's board of directors.

The Tesla CEO bought a 9.2% stake in Twitter for around $3 billion, The Associated Press reports. And while 9.2% doesn't really sound like much, it was enough for Musk to become the largest shareholder in the company, which earned him a seat on the board on Tuesday.

Twitter's CEO, Parag Agrawal, tweeted on Tuesday morning that Musk was joining the board, a move that triggered a ton of reactions online.

"Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board," Agrawal wrote.

Musk replied, promising to make "significant improvements to Twitter in coming months."

Twitter users are hoping that a highly sought-after "edit" function will come to the platform after Musk tweeted a misspelled poll on Monday.

For those who follow Musk on Twitter, this might not come as a huge surprise. Musk has spoken about free speech and the role that social media plays in society, taking to Twitter to talk about the issue when he's not sharing memes and updates about SpaceX.

On March 25, Musk tweeted a poll asking people to vote on whether they think Twitter supports the principle that "free speech is essential to a functioning democracy." The results were mostly "no."

A few days after his poll, Musk tweeted "Seize the memes of production" which, in hindsight, may have been a subtle nod to the billionaire planning to buy a large stake in Twitter.

We'll just have to wait and see if Musk brings out that long-awaited "edit" button.