Tuesday, April 12, 2022

Elon Musk will NOT join the board of Twitter: CEO says 'I believe this is for the best' | Daily Mail Online

Elon Musk will NOT join the board of Twitter: CEO says 'I believe this is for the best' | Daily Mail Online
  • Twitter shares rise after Elon Musk abandons plan to join the company's board: Staff speculate (via Twitter) that the Tesla chief could now launch hostile takeover bid
"Elon Musk, 50, last week was revealed to be the biggest shareholder in Twitter, having bought a stake worth 9.2 percent - four times that of founder Jack Dorsey
Musk was due to join the board of the company on Saturday but decided not to, CEO Parag Agrawal said on Sunday
He did not say why Musk would not join, but suggested that shareholders had expressed concern
Several Twitter employees tweeted reactions to the announcement, seemingly agitated by the roller coaster surrounding Musk's company involvement...link

No comments: