Elon Musk's stint on Animation Movies | Adult Movies OnlineTwitter's board of directors has ended before it even began. The SpaceX and Tesla CEO has scrapped plans to buff his resumé with a seat on Twitter's board, though his status as the company's biggest shareholder will still give him some influence over the platform.
The change in plans was announced by Twitter CEO Parag Agrawal on Sunday night. In an internal note he subsequently posted to Twitter, Agrawal stated that Musk had directly discussed joining Twitter's board with them, and that the board had offered him a seat, but that he pulled out at the last minute on the day he was to be officially appointed.
This Tweet is currently unavailable. It might be loading or has been removed.
"We were excited to collaborate [with Musk] 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 path forward."
Legally, a fiduciary is someone entrusted to act on behalf of someone else, and who must put that person's best interests ahead of their own.
"We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance," Agrawal continued. "Elon's appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board."
Though Agrawal did not provide a reason why Musk backed down, and Musk has not commented publicly, it's reasonable to speculate that the restrictions placed on Twitter's board members may have been a contributing factor.
Musk recently purchased a 9.2 percent stake in Twitter, sending its shares skyrocketing up 27 percent. However, as a board member, Musk would have been prohibited from acquiring a stake in Twitter larger than 14.9 percent until his term ended in 2024. That may have been a nuisance for Musk's investment plans, and would also cut off the possibility of large future purchases which could boost Twitter's share price further.
In any case, despite how much work apparently went into Twitter's discussions with Musk, Agrawal doesn't seem too broken up about it all falling through.
"I believe this is for the best," he said. "We have and will always value 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."
Musk hasn't been shy about offering his input on the bird app either, publicly musing about the possibility of adding features such as an edit buttonor authentication checkmarks for people who subscribe to Twitter Blue. Twitter is working on adding an edit button, but notes that it was in the works long before Musk just tweeted it out.
Topics X/Twitter Elon Musk
Friends in Stupid Places
Instagram censors #VaginalCancer hashtag, allows #VaginalSteaming
What do we owe our online dating matches?
MLB will debut a metaverse stadium for the celebrity All
Sucking Up to the Saudis
New SPILL app: What is it and who can join?
Anni Albers’s Many
To Be At Home Everywhere by Drew Bratcher
Presidential Confusion
Paris, Reviewed
Cut the Music
MLB will debut a metaverse stadium for the celebrity All
Notes Nearing Ninety: Learning to Write Less
Eau de Nil, the Light
Transfer Steam Games to a New Drive Without Redownloading
Google Drive's document scanning is now available on iPhone
ElonJet, the banned Twitter bot that tracked Elon Musk's jet, is now on Threads
How to get your Spotify Wrapped 2023 if it's not showing up
Slim Returns: Eminem’s call for unity
Tips for helping your son navigate the manosphere
Want to make music on Spotify? A new acquisition could make it possible.Twitter thread examines the truly odd existence of Cheesecake FactoryNES mod gives the console its own builtNow we get the 'Gilmore Girls' joke about Katy Perry and some nunsDuolingo now offers a course in Mandarin ChineseNow we get the 'Gilmore Girls' joke about Katy Perry and some nuns'Star Wars: Battlefront II' brings funny fan service in Cloud CityHere are the favorites for Amazon's second headquartersNew video shows a special view of a meteor from spaceMan dancing to Michael Jackson is a real, true inspirationThis local council just won social media with its gritter naming competitionFacebook is finally getting rid of pesky app invitesYou can now reach peakEverything you need to know about the OnePlus 5TSNES Classic outsells PS4 and Xbox One for the second month in a rowNES mod gives the console its own builtRapper Lil Peep has died aged 21Facebook will livestream 47 college basketball games as its live sports efforts grow'Fantastic Beasts 2' may just have shown us Dumbledore's old wand'The Incredibles 2' first trailer is here, watch it now Xbox One X preview: is it worth the money? Trump gets trolled by a nerd in congress and a Wikipedia Twitter bot FBI calls smartphone encryption a 'huge problem' Delphi acquires self Tesla deploys Powerpack and Powerwall batteries in Puerto Rico Chicago bar opens up a Moe's Tavern pop Amazon's Fire HD 10 review: $150 gets you a decent 10 UberEats starts delivering McDonald's in Singapore, Malaysia next Nintendo Switch update adds support for GameCube controllers Original Xbox games are coming to Xbox One, and you can use old discs to play them On National Bologna Day, let's all take a moment to mourn the great American bologna sandwich Megyn Kelly calls out Bill O'Reilly and Fox News Retail is dead, long live the retail experience Giant Bob Ross portrait was the true star of this LA gaming convention Here's what critics think of 'Stranger Things 2': review roundup Try not to cry as this couple celebrates their 80th wedding anniversary 'Last Jedi' director drops hints about Leia's fate Mayors of 12 cities pledge to only buy electric buses starting in 2025 Samsung files a patent for its wireless charging mat technology You have to see the motion
1.8204s , 8221.2890625 kb
Copyright © 2025 Powered by 【Animation Movies | Adult Movies Online】,Co-creation Information Network