Elon Musk turns DOWN seat on Twitter's board. What does this mean?

Elon Musk turns down seat on Twitter's board, after investing enough for an invite
Musk seemed to agree April 4 to join the social media platform's board of directors . It's not clear exactly why he changed his mind.

https://www.nbcnews.com/media/elon-musk-turns-seat-twitters-board-investing-enough-invite-rcna23808

April 10, 2022, 9:49 PM MDT
By Dennis Romero
Billionaire Elon Musk has decided not to join the board of one of social media's titans, Twitter, the San Francisco-based company's CEO, Parag Agrawal, said Sunday night.

The announcement came as a surprise after Musk, the CEO of Tesla, said he would be joining the board following his stock purchase of about 9.2 percent of the company.

"Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!" Musk tweeted April 4.

On Sunday Agrawal tweeted, "Elon has decided not to join our board."