Elon Musk will not be becoming a member of Twitter’s Board of Directors, a transfer that was introduced final week. In a tweet late Sunday evening, Twitter CEO Parag Agrawal revealed that Musk was as a result of be a part of the board on April 9, however the identical morning, Musk shared he had determined to not be a part of the board. Agrawal mentioned, “I believe this is for the best.”
“We will always value input from our shareholders, whether they are on our Board or not,” Agrawal’s tweet continued. Elon Musk continues to be the most important shareholder of Twitter, Agrawal said. To recall, early final week Musk had revealed in a regulatory submitting that he had a 9.2 % stake in Twitter.
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