Twitter CEO Parag Agarwal has ended days of talk about Tesla CEO Elon Musk joining the Twitter board. Twitter CEO Elon Musk has declined to join the company’s board. Although Parag Agarwal did not give a reason for Elon Musk’s refusal, he did say that Musk’s advice would always be welcome at the company.
Parag Agarwal wrote in a brief note to the company, “The Board and I have personally discussed joining the Board with Elon Musk. We are excited to collaborate and have been very clear about the risks. announced that Musk would be appointed after a background check and formal approval. Elon Musk was to be appointed on April 9, but the same morning Elon Musk said he would not be able to join the board. Elon is our largest shareholder and His advice will always be appreciated.
Musk has a 9.2 percent stake in Twitter
Documents filed with the Securities and Exchange Commission revealed just last week that Elon Musk owns 73,486,938 shares, or 9.2 percent, of Revocable Trust on Twitter. The Stack documents came a day after Elon Musk’s Twitter poll in which Elon Musk asked users whether Twitter strictly adheres to the principle of freedom of expression. Following the public discussion of Elon Musk’s Twitter poll, Twitter CEO Parag Agarwal invited Elon Musk to join the Twitter board.
Not only this, Elon Musk also took to Twitter last week. He also advised the company to subscribe to the Twitter blue tick feature. Musk said doing so would increase the number of verified users, as well as control spam accounts, as subscribing would not make them easier to operate. He also advised Twitter to subscribe to the cryptocurrency Dogecoin.