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Elon Musk rejects Twitter's offer to join its board

Bloomberg4/11/2022 12:29 PM GMT+08  • 2 min read
Elon Musk rejects Twitter's offer to join its board
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Tesla Inc. founder Elon Musk has decided not to join Twitter Inc.’s board, the social media firm’s chief executive tweeted, an unexpected twist to a saga that’s captivated the online community for days.

Musk had held discussions with Twitter’s directors but the entrepreneur ultimately declined their offer of a board seat, Chief Executive Officer Parag Agrawal tweeted. “I believe this is for the best,” the Twitter CEO said in an internal memo he shared.

Musk disclosed just a week ago that he had taken a stake of 9.2%, and Twitter said shortly thereafter he would join the board. The billionaire behind Tesla and SpaceX has been vocal about changes he’d like to effect at the social media platform in the name of free speech.

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