April 11, 2022
Twitter CEO says Elon Musk will not join board
Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter. Twitter CEO Parag Agrawal announced publicly Sunday that Musk remains the largest shareholder of Twitter, and the company will remain open to his input. Musk informed Twitter on Saturday morning that he would not, in fact, take the board seat. In premarket trade, on Monday, Twitter’s stock briefly tumbled more than 8% to less than $43 a share before recovering slightly. Shares were up more than 2.5% after markets opened but fell nearly 1% to $45.82 a share just before 11 a.m. ET. Musk’s appointment would have started Saturday, “contingent


