NEWs
Elon Musk has become the largest shareholder of Twitter. Twitter recently announced that he would be a part of the Board of directors.
His membership would be effective on Saturday, but he denied the step.
As Agrawal said in a note on Twitter that, "Elon shared that same morning that he will no longer be joining the board,"
What's more, Agarwal further added that "I accept this is overall a good thing. We will constantly esteem input from our investors regardless of whether they are on our Board. Elon is our greatest investor, and we will stay open to his feedback,"
Musk restricted his reaction to a face with hand-over-mouth emoji on Twitter.
In addition, insight about Musk taking a board seat had some Twitter workers overreacting over the eventual fate of the web-based entertainment association's capacity to direct satisfied, and organization insiders told Reuters.
Furthermore, Before taking a stake, Musk ran a Twitter survey inquiring whether they accepted Twitter sticks to the standard of free discourse.
A day after turning into the biggest investor, he sent off another survey inquiring whether they need an alter button, a hotly anticipated include on which the online entertainment stage has been working.
Also, on Saturday, he recommended changes to the Twitter Blue premium membership administration, including cutting its cost, restricting publicizing, and giving a choice to pay in the digital money dogecoin.
Twitter shares, which took off 27% on April 4 after Musk unveiled his stake, have lost 7.5 percent from that point forward to Friday's nearby.
In addition, on Sunday, Agarwal expressed, "There will be interruptions ahead, yet our objectives and needs stay unaltered,"