Twitter CEO Parag Agarwal welcomed Elon Musk by tweeting but now the news is that Elon Musk is not joining the board of Twitter
Updated: April 11, 2022 10:55:23 am
Elon Musk: The world’s richest man and Tesla CEO Elon Musk just recently bought a 9.2 percent stake in Twitter. And later the news quickly emerged that Elon Musk was going to join the board of Twitter. Twitter CEO Parag Agarwal welcomed Elon Musk by tweeting, but now the news is that Elon Musk is not joining the board of Twitter and Parag Agarwal has given information about this by tweeting.
Parag Aggarwal said in his tweet that Musk has refused to join the board of Twitter. Parag also said that we always give value to the suggestions of our shareholders whether they are on our board or not. Allen is our largest shareholder and we will be open to his suggestions. But no information has been received about why Elon Musk refused to join the board of Twitter.
In his tweet, Parag Aggarwal also said that, ‘The appointment of Elon Musk on the board was to be officially from April 9, but Elon Musk told in the morning of the same day that he will no longer join the board. According to Parag, Allen was hired as a subsidiary of the company, so that he could do his work in the best interest of the company.
9.2 percent stake purchase on Twitter
Elon Musk recently bought a 9.2 percent stake in Twitter, which is the highest among all Twitter shareholders. Elon Musk has invested around $2.9 billion. Musk has bought about 7.35 crore shares of Twitter. Even if he speaks about a share, then that share runs away. Elon Musk himself is a user of Twitter, in which he keeps criticizing the social media platform and its policies from time to time. Musk had tweeted a poll about the edit button. Elon Musk had asked if you want the edit button, Parag Aggarwal replied to that tweet and said that this vote is very important. Please vote carefully.
Source: Patrika : India's Leading Hindi News Portal by www.patrika.com.
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