Breitbart
Tech billionaire Elon Musk has reportedly decided not to join Twitter’s board of directors after becoming the company’s largest shareholder. An odd statement released by the company’s free speech-hating CEO Parag Agrawal says that the board seat was “contingent on a background check.” In a statement on Sunday night, Twitter CEO Parag Agrawal said Elon Musk made the decision to rescind the company’s invite for him to join the board. “Elon Musk has decided not to join our board,” said Agrawal while posting a message he had shared with the company. According to Agrawal, Twitter’s board and Musk had “many discussions” about his future in the company before ultimately deciding against the board seat. “We were excited to collaborate and clear about the risks,” said Agrawal. “We also believed that having Elon as a fiduciary of the company where he, like all board members, has to act in the best interests of the company and all our shareholders, was the best forward. The board offered him a seat.” Though Elon’s election to the board was to become official on April 9, Agrawal said that Musk decided to go in a different direction. “I believe this is for the best,” said Agrawal. “We have and will always have input from our shareholders whether they are on our Board or not. Elon is our biggest shareholder and we will remain open to his input.”
