Tesla’s founder elon muskfinally won’t be part of the Board of Directors Twitter has become the company’s largest shareholder, buying 9.2% of the messaging platform after it announced the opposite last week.
Twitter CEO Parag Agrawal Last week, he announced on Tuesday that he would join Musk’s Board of Directors. Twitter was responsible for making the announcement in a tweet released Sunday night.
“Elon’s appointment to the Board of Directors was to officially take effect on April 9, but Elon shared that same morning that he would no longer be attending the council.”Agrawal wrote on the social network.
Last Tuesday, Agrawal was shown in a tweet as “excited” to announce that Musk would join the Twitter Board. predicted it would bring “great value” to the company.
According to Agrawal, It’s a decision by Musk himself, and you believe your decision was the right one.
“I think this is the best”Added Twitter’s CEO.
Musk’s only reaction to Agrawal’s announcement was to publish a tweet with the expression of a face covering his mouth.
After learning of the employer’s future assignment, on April 5, Twitter shares skyrocketed Even before the opening of the New York Stock Exchange, he is constantly in the electronic activities of the market.
A day ago, Musk announced that he had bought 9.2% of the tech platform, The company’s values closed 27.12% above their previous closings.
The billionaire, who now owns about 73.5 million shares of the messaging company, had become a critic of the social network and questioned whether the rules comply with the “absolutely” principle. Freedom of expression.
These criticisms aroused suspicion in some industries, even among Twitter employees. Worried about the possibility of Musk using excessive force at the company Changing ethical broadcasting standards, including a ban on former US President Donald Trump, considering that his messages provoked the attack on the Capitol on January 6, 2021.