Topline
Tesla CEO Elon Musk has decided not to join the board of Twitter, the company’s CEO Parag Agrawal announced late on Sunday night, in a move that comes just a week after the billionaire disclosed he had acquired a 9% stake in the social media giant.
Elon Musk was offered a seat on Twitter’s board after he acquired a 9% stake in the company last … [+]
Key Facts
Making the announcement on Twitter, Agrawal wrote that Musk formally turned down the company’s offer to join the board on April 9.
Agrawal said he believed that this was for the best but the company will always remain open to the billionaire’s inputs, just like every other shareholder.
This is a developing story.
Source: https://www.forbes.com/sites/siladityaray/2022/04/10/elon-musk-will-not-join-twitters-board/