Elon Musk says Twitter board members, who receive $3 million collectively, will not be paid if he buys the company

• Twitter's 11 board members collectively make $2.9 million in cash and stock awards.
• Elon Musk said he will not pay board members if he manages to acquire Twitter.

Elon Musk said he will not pay board members if he manages to acquire Twitter.

"Board salary will be $0 if my bid succeeds, so that's ~$3M/year saved right there," Musk tweeted on Monday.

Musk was responding to a Twitter thread about the company's board that claimed its interests are not aligned with shareholders.

The thread, by Future Fund managing partner Gary Black, also highlighted the compensation of the 11 Twitter board members who collectively make about $2.9 million in cash and stock awards, according to a $4 filing.

—Elon Musk (@elonmusk) $4

Musk's tweet about board member compensation came after $4 that the "economic interests" of Twitter's board are "simply not aligned with shareholders."

—Elon Musk (@elonmusk) $4

Twitter is currently $4 Musk's $43 billion bid to take the company private.

Musk is the social media platform's $4 after building up a $4 this year, equating to 9.1% of the firm. He was also briefly the company's biggest overall shareholder, until investment firm Vanguard upped its stake to 10.3% of the firm, according to $4 first reported by $4.

Earlier this month, Twitter $4 the billionaire would join its board of directors — but said a few days later $4

Twitter's board has since said it will $4 $4 — also known as a shareholder rights plan — to fend off Musk's takeover bid. It works by increasing the total number of a company's shares, making it harder for any interested party to buy up all of the stock.

Musk is the world's richest person, with an estimated net worth of $255 billion, according to the $4