Billionaire Elon Musk will no longer be joining Twitter’s board of directors per CEO Parag Agrawal, who tweeted the news.
SAN FRANCISCO — Tesla CEO Elon Musk, who recently bought a large stake in Twitter, has decided not to join the social media company’s board.“Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board,” Agrawal said in the tweet. “I believe this is for the best. We have and will always value input from our shareholders whether they are on our Board or not.
The development comes about a week after Twitter said in a regulatory filing that it plans to appoint the Tesla and SpaceX CEO to its board for a term that ends in 2024.
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