Elon Musk, director of Tesla, SpaceX, Neuralink and The Boring Company, has been appointed to the board of directors of Endeavor Group Holdings.
The parent company of talent agency WME, UFC sportswear and a host of other assets have revealed their connection to Musk in a new SEC filing regarding his plans to go public this year.
Musk, who has been CEO of Tesla since 2008 and previously co-founded PayPal, is classified as a leadership contestant. He will officially join the board of directors “at or before the price of this offer”, indicates the file.
Endeavor said he chose Musk for his board of directors “because of his professional background and experience in running a public company, his senior executive roles previously, his service on other boards of administration of public companies and his experience in starting, growing and integrating businesses.
The record noted that Musk was not the simplest of corporate arrows, although it did lead Tesla to record earnings and turn him from an idea into a legitimate automaker. In 2018, according to the record, the U.S. District Court for the Southern District of New York finalized a settlement related to Musk’s tweet about the possibility of privatizing Tesla. The SEC determined the tweet was in violation of its rules. Musk paid a fine and agreed to step down as chairman of Tesla for a period of time. The regulations did not limit his ability to serve as an officer or director of a company.
In addition to his tech activities, Musk has already had a certain closeness to show business by being romantic partners with Grimes, a Canadian musician and artist.