Elon Musk Decides Not to Join Twitter Board

Reuters2022-04-11

April 10 (Reuters) - Elon Musk, Twitter Inc's 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.

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.

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Comments

  • Woooooo
    2022-05-01
    Woooooo
    Bb
  • following to
    2022-04-11
    following to
    And now he can buy more than 14.9 % stakes 🤔
  • 我i168
    2022-04-11
    我i168
    Not a director allows him speak out more freely. Good thing!
  • Nanamoney
    2022-04-11
    Nanamoney
    遊戲人間是嗎? Twitter shares sure down today. Ang mos like yo do all these things. "HAPPY COME NOT HAPPY GO" On a positive notes is far sighted but wah lao eh don't play with our money !!!! Majority here not as rich.
  • Nanamoney
    2022-04-11
    Nanamoney
    是遊戲嗎? twitter share sure drop today liao. Ang mos like to do all these things perhaps is in built in them. Just like " happy come not happy go" on a positive notes is far sighted. 
  • DragonKC
    2022-04-11
    DragonKC
    Elon a speculator in stock market.  Twitter stock would get a beating. Pity those whose believe in him buy high on Twitter stock. 
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