Elon Musk changed his mind about joining the board of directors of Twitter
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Tesla and SpaceX founder Elon Musk has abandoned plans to join the board of Twitter, in which he recently acquired more than 9%. This was announced by the CEO of the social network Parag Agrawal.
According to him, Musk will remain the largest shareholder of Twitter, and the company will continue to be open to his proposals.
In early April, Musk acquired a 9.2% stake in Twitter. The US Securities and Exchange Commission (SEC) stated that after buying a stake in the company, the businessman will join its board of directors for a period of two years, until the annual meeting of shareholders in 2024.
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Yesterday I wrote that Elon Musk suggested that twitter users should be able to pay with Dogecoin for Twitter Blue subscription. DOGE fans cheered that this could be a big opportunity for this meme coin. What do you think will happen to DOGE now?
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