Elon Musk has decided not to join the Twitter board

Twitter CEO Parag Agrawal announced that Elon Musk will not be on Twitter’s board of directors. The change in plans was announced Sunday night by the veteran executive. The post published on Twitter included the following statements:

“We announced on Tuesday that Elon will join the board of directors after making official reviews. Elon’s appointment to the board was to go into effect on April 9, officially. , but shared that same morning Elon won’t be joining the board. I believe it’s for the best.”

had bought shares for 3 billion dollars

SpaceX and Tesla founder Elon Musk bought 9.2 percent of Twitter for approximately 3 billion dollars, making it the largest external shareholder of the social platform. After the news was reflected in the press, Twitter shares gained 26-28%.