Elon Musk’s sudden decision this weekend to decline a board seat at Twitter coincided with a prolific tweetstorm, providing clues to the dramatic reversal. At 6:33 a.m. Pacific on Saturday, Musk asked “Is Twitter dying?” Over the next 17 hours, Musk aimed tweets at Twitter’s most popular users, its San Francisco headquarters and its process for authenticating accounts. Before he was done, he made a lewd joke about the company where he is now its largest shareholder. The erratic string of Saturday tweets was unusual even for a CEO who has earned 80 million followers with controversial 280-character posts that have resulted in lawsuits and Securities and Exchange Commission enforcement actions. But it’s the best evidence to parse to help suss out the mysteries of what happened behind the scenes between his agreement a week ago to join Twitter’s board and his decision to decline it Saturday. The board position was attached to Musk becoming the company’s largest shareholder, with a more than 9% stake. “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,” Twitter CEO Parag Agrawal… Read full this story
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