Elon Musk has performed a U-turn on joining Twitter’s board a week after it emerged he had taken a surprise 9.2% stake in the social media company.
The world’s richest man was due to become a board member on Saturday but Twitter’s chief executive, Parag Agrawal, said on Monday morning that Musk had declined the offer. Musk, who is worth $260bn (£200bn), emerged as a large Twitter investor last week and was invited to join its board.
