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Elon Musk decides not to join Twitter board

Reuters
Reuters
11/04/2022
04:25 MYT
Elon Musk decides not to join Twitter board
Musk, who disclosed a 9.2 pct stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday. - REUTERS
Elon Musk, Twitter Inc's TWTR.N biggest shareholder, has decided not to join the social media company's board, Chief Executive Parag Agrawal said in a tweet on Sunday.
Musk, who disclosed a 9.2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.
But "Elon shared that same morning that he will no longer be joining the board", Agrawal said in a note on Twitter.
Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
Musk had on Saturday suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.
Related Topics
#Twitter
#Elon Musk
#Parag Agrawal
#English News
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