Tech billionaire Elon Musk has reportedly decided not to join Twitter’s board of directors after becoming the company’s largest shareholder. A bizarre statement released by the company’s CEO, Parag Agrawal, who hates free speech, said the board seat was “subject to background check”.
In a statement late Sunday, Twitter CEO Parag Agrawal said Elon Musk had made the decision to rescind the company’s invitation to join the board.
“Elon Musk has decided not to join our board,” Agrawal said in a post he shared with the company.
According to Agrawal, Twitter’s board and Musk had “many discussions” about his future at the company before finally deciding not to sit on the board.
“We were excited to collaborate and clarify the risks,” Agrawal said. “We also felt that having Elon as a trustee of the company where he, like all board members, must act in the best interest of the company and all of our shareholders, was the best before. The board offered him a seat.
Although Elon’s election to the board was expected to become official on April 9, Agrawal said Musk decided to go in a different direction.
“I believe it’s for the best,” Agrawal said. “We have and will always have the opinion of our shareholders, whether or not they sit on our board of directors. Elon is our main shareholder and we will remain open to his contribution. »
Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
Elon Musk became Twitter’s largest shareholder after acquiring a 9.2% stake in the company this month, sparking speculation that he could lead the platform into a less woke future of freedom. uncensored expression. As Breitbart News reported, those hopes were dashed when the company said it would not reinstate former President Donald Trump’s account or lift current bans on other conservatives.
“In an emailed statement, Twitter said that while the company’s board of directors ‘plays an important role in providing advice and feedback’, ‘corporate policy decisions are not determined by the board or shareholders, and we have no intention of overruling policy decisions. says the report.
Christian satire site Babylon Bee still remains locked to its Twitter account after a prank hit transgender Deputy Health Secretary Rachel Levine with Turning Point USA founder Charlie Kirk and Fox News host Tucker Carlson.