ElonMusk has decided not to take a seat on Twitter's board, the company's CEO said on Sunday, adding that 'this is for the best.'
The surprise news comes just a few days after it was revealed Musk had acquired a 9.2% stake in Twitter to become its largest single shareholder, shortly after which he was offered a seat on the company’s board.
The Twitter CEO’s update came at the end of a weekend that saw Musk busily firing off tweets detailing various changes he’d like to see at Twitter, from the serious to the daft. Agrawal noted that Musk, who has 81 million Twitter followers, is still the company’s largest single shareholder and as a result the team “will remain open to his input.”“Elon Musk has decided not to join our board. Here’s what I can share about what happened.
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