Parag Agrawal says the company’s largest shareholder has declined to join the board, and ‘I believe this is for the best’

Elon Musk, Twitter’s biggest shareholder, has decided not to join the social media company’s board, its chief executive, Parag Agrawal, has said.

Musk, who disclosed a 9.2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.

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