JUST IN - Elon Musk to join Twitter's board of directors

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Elon Musk’s shock Twitter buy-in has sent shockwaves across social media, with both critics and supporters weighing in on what the billionaire’s 9.2 per cent stake in the company means for the future.

The move, valued at $2.89 billion (A$3.4 billion), came a month after Musk raised questions about the ability to communicate freely on Twitter, tweeting about the platform’s handling of numerous free speech issues in March.

“Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?” he tweeted on March 25, offering a subtle clue of the news that was about to break.