Elon Musk may have brought attention to the notion of a Twitter edit button this week, but the feature was already in the works at Twitter. According to Reuters, Twitter said on Tuesday that it would begin Testing a new edit function in the coming months. The announcement came on the same day that Twitter announced that Elon Musk would join the company’s board of directors.
The Tesla CEO’s interest in the company was discovered earlier this week to be greater than 9%. According to a Securities and Exchange Commission report, Musk holds 73,486,938 Twitter shares. According to Jay Sullivan, Twitter’s head of consumer products, the company has been working on an edit option since last year. In the coming months, Twitter will begin Testing the functionality within its Twitter Blue Labs paid membership service to “learn what works, what doesn’t, and what’s conceivable,” according to the firm.
Elon Musk has broken the silence after purchasing the highest stake of the social media company. Elon Musk tweeted Oh hi lol on Twitter after purchasing 9.2% shares of Twitter. The top Electric Vehicle company owns 73,486,938 shares of Twitter.
The Securities and Exchange Commission valued the shares as $2.89 billion at closing. The entrepreneur’s purchase caused the shares to rise 25% in the market sale. This comes after the entrepreneur criticized the social media platform. Elon Musk recently posted a survey on Twitter whether the social network site allows users to speak freely.