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Money: ELON MUSK renounces integrating Twitter

Elon Musk is the richest person in the world. Again.

  Elon Musk is the richest person in the world. Again. The SpaceX and Tesla boss has blown past rival Jeff Bezos when it comes to net worth.Again.

Elon Musk, le 10 février 2022, près de Boca Chica au Texas. © Jim Watson / AFP ELON MUSK on February 10, 2022, near Boca Chica in Texas.

The billionaire ELON MUSK has become the majority shareholder of Twitter, acquiring Monday, April 4, 2022, 9.2% in the capital of the social network. He announced, on Monday, April 11, that he would finally integrate his board of directors.

ELON MUSK, the Tesla and Spacex Pattern , renounced to sit on the Twitter Board of Directors, of which he is the first shareholder, announced on Monday, April 11, 2022 the Director General of the Social Network, Parag Agrawal.

"ELON MUSK has decided not to join our board of directors," Tweeted Agrawal Parag.

"The arrival of ELON to the Board of Directors had to become officially effective on April 9, but Elon said that morning that he no longer joined the council," he explained in a message addressed to the Twitter staff, which he shared on the platform.

Twitter boss: MUSK But not a member of the Board of Directors

 Twitter boss: MUSK But not a member of the Board of Directors After his surprising entry into Twitter, Tech billionaire Elon Musk does not draw into the Group's board of directors. © Patrick Pleul / DPA Central Image / DPA Tesla Chef Elon Musk at a press appointment in the new GIGA factory in Grünheide. His appointment should have officially entered into force on April 9, "but Elon announced the same morning that he will no longer join the Board of Directors," Twitter boss Parag Agrawal wrote. "I believe this is the best." You will continue to be open for

ELON HAS DECIDED NOT TO JOIN ON BOARD. I feel a brief note to the company, Sharing with you all here. pic.twitter.com/lfrxacavvk

- Parag AGROWAL (@paraga) April 11, 2022

"We have appreciated and will always appreciate the participation of our shareholders, whether they sit on our council or not. ELON is our biggest shareholder and we will stay open to his participation, "he added.

"passive" Participation

Elon Musk, the richest man in the world, "said early April that he had taken a 9.2% stake in Twitter's capital, making him the first shareholder.

He had stated in the document transmitted to the stock regulator that this participation was "passive", that is, it did not intend to influence major strategic decisions.

Before this entry into capital, it was already active user of the social network, on which it consists of 80.5 million subscribers.

Elon Musk no longer joining Twitter’s board of directors

  Elon Musk no longer joining Twitter’s board of directors Twitter chief executive Parag Agrawal revealed the news, which followed a weekend of tweets from Musk suggesting possible changes to the site.Twitter chief executive Parag Agrawal tweeted the news, which followed a weekend of tweets from Mr Musk suggesting possible changes to Twitter, including making the site advertisement-free. Nearly 90% of Twitter’s 2021 revenue came from ads.

Provocation against Twitter

from, ELON MUSK had multiplied the provocations. He had done a survey on his profile, to ask if Twitter users wanted an "Edit" button, to correct a Tweet after publication. Nearly 4.4 million people voted, and about 73% responded to "yes".

The platform then announced testing this feature, claimed for years by many users.

Saturday, Elon Musk wondered if the social network was "dying", mentioning very follow-up but little active accounts.

According to the Washington Post , several Twitter employees expressed concern, considering that the richest man's values ​​in the world were not aligned with the corporate culture of the social network.

Twitter wants to take back the buyout of its actions by the billionaire ELON MUSK .
© AP - Richard Drew Twitter has announced measures to prevent ELON MUSK from acquiring its actions. The clause of the "poisoned pill" will be operated if Musk persists, announces Twitter. Here, the social network logo at the New York Stock Exchange. The Hostile OPA launched by the American Musk Musk Musk on Twitter succeed? The question has been on all lips since the Tesla's boss decided to take control of the US social network to the 450 million users.

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