Musk not to join Twitter Board

Tribune News Service

Updated At : 01:58 PM Apr 12, 2022 IST

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New Delhi, April 11

Tesla chief Elon Musk has rejected Twitter Inc’s offer to join its Board, said Twitter CEO Parag Agrawal in a note posted on Sunday.

Musk was expected to join the Twitter Board on April 9 following his disclosure of a 9.2% ownership of Twitter shares, but the role would have capped his stake at 14.9%. With the rejection, Musk is free to raise his stake above that limit and even make an all-out bid for the social media giant. Musk responded with a face-with-hand-over-mouth emoticon on Twitter. —

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