Elon Musk will NOT be joining Twitter board, hostile takeover rumored

Elon Musk rumored to have backed out of joining Twitter's board of directors, as he could actually push for a hostile takeover.

@anthony256
Published Mon, Apr 11 2022 7:18 AM CDT   |   Updated Tue, May 3 2022 10:32 AM CDT

The simulation is playing up quite a bit today, with news breaking just now that SpaceX and Tesla CEO Elon Musk will NOT be joining Twitter's board of directors after he secured a huge 9.2% stake in the social networking giant.

Elon Musk will NOT be joining Twitter board, hostile takeover rumored 06 | TweakTown.com

Musk was all set to join the board of directors at Twitter, after his 9.2% stake saw him have 4x what Twitter ex-CEO Jack Dorsey owns... but now he won't be joining the board. Twitter CEO Parag Agrawal said on Sunday that Musk's decision was "for the best".

Agrawal didn't provide a reason as to why Musk wouldn't be joining the board, but it seems Twitter shareholders have concerns... the Twitter CEO added: "We have and will always value input from our shareholders whether they are on our board or not". Musk did mysteriously tweet out an emoji of a smiling face, with a hand covering its mouth -- you know, as like a giggle -- something is happening at Titter.

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NEWS SOURCE:dailymail.co.uk

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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