Takeover Speculation Grows After Elon Musk Turns Down Twitter Board Seat

SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on Dec. 1, 2020. Britta Pederson/POOL/AFP via Getty Images

Elon Musk will no longer join Twitter’s board of directors, the social network has officially announced.

Twitter CEO Parag Agrawal confirmed on April 10 that Musk would continue to be the company’s largest shareholder, adding that the tech giant will accept his input.