Elon Musk takes U-turn not to join Twitter's Board?

Twitter stated last week that Elon Musk would become a member of its board of directors.

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But on Sunday in a post on Twitter, the head of Twitter declared that Musk had ultimately decided against not putting on the Twitter board of directors.

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Elon Musk, CEO of Tesla and now Twitter's largest stockholder have decided not to join the Twitter board.

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Elon Musk on April 4 disclosed a 9.2 per cent stake in Twitter Inc, worth nearly $3 billion.

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making him the micro-blogging site's largest shareholder and triggering a rise of more than 27 per cent in the company's shares.

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Musk's move, revealed in a regulatory filing, came just after his tweet that he was giving "serious thought" to creating a new digital network.

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Elon's appointment to become officially effective was 4/9, but Shared announced the same morning that he will not be participating on the board.

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