Elon Musk Turns Down Twitter Board Seat, CEO Says ‘This Is for the Best’

Elon Musk Turns Down Twitter Board Seat, CEO Says ‘This Is for the Best’
Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on Feb. 10, 2022. Jim Watson/AFP via Getty Images
Naveen Athrappully
Updated:

In a surprise announcement, Elon Musk turned down a seat on Twitter’s board of directors, according to a recent post by the company CEO, while speculations abound on the rejection as Musk was increasingly vocal about bringing about changes on the platform.

After buying up enough stock that made him the biggest shareholder in the company, which warrants an invite for a seat, Twitter CEO Parag Agarwal said in a Sunday night post on Twitter, “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer join the board. I believe this is for the best.”
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