Twitter CEO says Elon Musk 'has decided not to join' company's board of directors

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JUST IN: Twitter CEO says Elon Musk 'has decided not to join' company's board of directors

The tweet by Twitter CEO Parag Agrawal announcing that Elon Musk wouldn't be joining its board of directors after all.Saturday night changes to the premium Twitter Blue service — including an authentication checkmark for all subscribers, cheaper subscription price, banning ads and offering the option to pay in cryptocurrency.

He also suggested turning Twitter's San Francisco HQ into a homeless shelter and openly questioned whether the microblogging service was dying.: Musk is still Twitter's largest shareholder. Had he taken a board seat he would have been limited in how much of the company's shares he could own. This could be a prelude to him walking away, the start of a hostile takeover, or anything in between.Editor's note: This a breaking news story. Please check back for updates.

 

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So, you mean he's not gonna bring back TFG after all?

So, you mean he's gonna bring back TFG after all?

Well, it's a free country. You can be whatever you wanna be, even up to the last minute. lol

Hooray!

Now he can troll the losers that run Twitter without accountability.

Idle speculation: (1) His hints about joining the board were a trial balloon, intended to determine whether he would have any influence, realized he would not so he decided against it. (2) Now he is free to buy unlimited Twitter stock immediately, no 90-day dead period.

Still running those pump and dumps

thanks God! he’ll have more time for real stuff

he’ll sell his stake in a month or so and be out, prolly was just a way to get eyes on opening his Austin Texas plant. no surprise that opening coincided with his share purchase

Did a little bird tell you?

AHMalcolm -FYI that was fast!

He's buying more stocks soon. Mark this twit

Is he mad because he didn't have the power to make changes to Twitter?

My guess is that he wants more than 14.9% of the company which is the max he can get as a board member.

It is probably good, not bad. He would be restricted as to what he could do if he were on the Board.

Oh no! You mean I don’t get to listen to yet another narcissistic sociopath telling me how they want to make my life better?

I guess he finally figured out that 1 vote in a group of 12 isn't going to change much.

“Elon Musk not taking a board seat is bullish for free speech coming back to Twitter. The board seat was a proposed tactic by Twitter's current execs & board to curb his influence (limiting his maximum shares to 14.9%). Musk can now pursue a hostile takeover if he so chooses.”

Great, maybe he could save his pals losing truth social venture.

🙆‍♂️🤗👏

Truly good news.

Probably didn't want legal issues or liability of being on twitter's board if he wants to use social media to influence crypto for his own profit again

Thank god

LOLOLOLOLOL

WTF

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