Home Technology Elon Musk finally gives up his place on Twitter’s board

Elon Musk finally gives up his place on Twitter’s board

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By becoming Twitter’s largest shareholder, Elon Musk was offered a place on the service’s board of directors. This place, the billionaire finally decided not to occupy it.

“Elon’s arrival on the board was to become officially effective on April 9, but Elon let it be known that same morning that he was no longer joining the board.”, let it be known Parag Agrawal, CEO of Twitter. Four days earlier, Elon Musk declared yet he was eager to work with the management team to “significantly improve the service”.

Elon Musk in 2018. Image Daniel Oberhaus (CC BY).

The unpredictable Tesla boss didn’t explain his change in decision, just tweeting a giggling emoji (which he has since deleted) right after Parag Agrawal’s post. By joining Twitter’s board of directors, he could not have owned more than 14.9% of the company (he currently owns 9.2%). Would he aim for more?

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Since announcing his stake, Elon Musk has suggested converting the company’s headquarters into a shelter for the homeless “because no one goes there anyway” (he has since deleted this tweet) as well as including the badge for verified accounts in the paid Twitter Blue offer (he also deleted this tweet afterwards). Before that, he had repeatedly criticized the moderation of content on the platform, believing that it did not sufficiently respect freedom of expression.

While stating that the board would remain open to suggestions from Elon Musk, Parag Agrawal did not evade that“there will be distractions in the future” and asserted that “The decisions we make and how we execute them are in our hands, and no one else’s. » Elon Musk is certainly not done with Twitter.

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