The filing followed a week of high-stakes drama between the billionaire and the company.
Musk, 50, is now Twitter’s largest shareholder and one of its highest-profile users, and could very well use the social media platform against itself and even buy enough shares to take over the company. Bright and early on Monday, Elon Musk sent the government a surprising new document.
“Twitter has always suffered more than its fair share of dysfunction,” said Jason Goldman, who was on Twitter’s founding team and served on its board of directors in the past. “But at least we weren’t being actively trolled by prospective board members using the product we created.” Musk leaned into that freedom after his decision was communicated to the company Saturday morning. He proclaimed on Twitter that he was in “goblin mode” and suggested changes such as removing the “w” from the company’s name to make it more vulgar and opening its San Francisco headquarters to shelter the homeless. He later deleted some of the posts.
Twitter CEO Parag Agrawal alluded to how Musk would have had to behave as a “fiduciary of the company” in a post Sunday. Twitter, which briefly published a biography of Musk on Sunday as a member of its board, declined to comment Monday. Others said they were upset at Musk’s tweets criticizing the company’s product and business model, noting that he didn’t appreciate the time and thought that went into updating Twitter’s services over the years and that he had no knowledge of the product road map. Some employees said they were relieved after reading that Musk would not join the board of directors, according to people who viewed internal communications at Twitter.
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