Elon Musk’s Twitter controversy continues to evolve, as news broke that he’d declined to join its board of directors. Musk was due to be appointed on April 9, the same day he said thanks, but no thanks. Two days prior, Musk posted a meme indicating he was moving full steam ahead, as it featured a photo of a cigar-smoking Musk, with the caption, “Twitter’s next board meeting’s gonna be lit.”
CEO Parag Agrawal shared the news of Musk’s decision on Twitter, natch. He admitted the board was aware of “the risks” that would’ve accompanied Musk’s appointment, but still thought it was the right thing to do. However, Agrawal believed that Musk’s decision was ultimately “the best” for both parties. “We have and will always value input from our shareholders whether they are on our board or not,” he wrote. “Elon is our biggest shareholder, and we will remain open to his input.” Agrawal vowed that Twitter’s “goals and priorities” will remain the same despite the distractions that the news would inevitably cause. “Let’s tune out the noise and stay focused on the work and what we’re building,” he concluded.
According to The Guardian, Musk responded to Agrawal’s announcement by tweeting a facepalm emoji before quickly deleting it. CNBC reported that, after the news broke, Twitter shares began to fall. In premarket trading, the platform’s stock price dropped more than 8%. However, it had pretty much bounced back again within hours.
Nicki
