• Elon's appointment to the board was to become officially effective on 4/9

AP reports that merely days after being given a seat on Twitter's board. Musk, who recently became the company's largest investor, will reverse course. Twitter CEO Parag Agrawal made the announcement on April 10.

"Elon's appointment to the board was to become officially effective on 4/9, but Elon shared that same morning that he would not be joining the board. I believe this is for the best."

"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."