Elon Musk finally will not be part of the board of directors of Twitter, despite announcing that he was going to join the team on April 5, just one day after acquiring 9.2% of the company. Parag Agrawal, CEO of the company, has confirmed the news through a letter to his employees who later has shared publicly on the platform. In it, he assures that the tycoon’s decision not to accept the position on the board “is for the best.”
“Elon Musk has decided not to enter our council. This is what I can share with you about what has happened,” Agrawal wrote in the first lines of the letter sent to his workers. The head of Twitter continued to highlight how excited he was for the fellow CEO of Tesla and Spacex to join the team management, even taking into account the risks involved. “We believed that having Elon as a trustee of the company where he, like all board members, has to act in the best interest of the company and all of our shareholders, was the best way forward.”
Musk did not initially turn down the job, when the team approached him for the board on April 5. Instead, he did so on April 9, just a few hours before his official appointment. “We announced on Tuesday that Elon would be appointed to the Council, subject to a background check and acceptance.” The appointment was to be effective on April 9, but Elon shared that same morning that he will no longer be joining the board.”. “I think that this is the best,” highlighted the CEO of Twitter, who has assured that they will always value the contributions of their shareholders, whether they are inside or outside the board of directors.
Twitter employees didn’t like the idea of Musk being on the board
It is not clear if Musk has decided not to be part of the board of directors for the concerns of Twitter employees. These, let us remember, feared that the employer would make the social network a place where harassment and misinformation prevailed. The tycoon has always opted not to limit the opinions of users, however controversial they may be. In fact, the Twitter workers’ protests caused Agrawal to announce a question and answer session together with Elon Musk. Session that, finally, will not be carried out before the decision of the tycoon.
Musk, on the other hand, has been sharing for days through his Twitter profile the changes you would like to see on the platform and in the company. Among them, the possibility of editing tweets, the verification of those users who pay a monthly subscription to have Twitter Blue (a paid version of the social network with additional functions) or that the company’s headquarters, located in San Francisco, become at a homeless shelter. It is very likely that you will continue to make contributions through your account, as before. Also, some of your ideas could influence platform changes.