The abrupt reversal ignites renewed speculation about Musk’s intentions for Twitter. Learn more here.
Musk held “many discussions” with Twitter’s directors but the entrepreneur ultimately declined their offer of a board seat, chief executive Parag Agrawal tweeted. According to the CEO, Musk informed Twitter of his decision April 9, the same day he was slated to formally join the board.
“I believe this is for the best,” the Twitter CEO said in an internal memo shared late Sunday. “There will be distractions ahead, but our goals and priorities remain unchanged.” Musk posted a single emoji after the Twitter CEO’s revelation, a smiling face with a hand over its mouth. The tweet was deleted hours later without explanation.
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