Twitter’s chief denied Elon Musk joining the social network’s board of directors
The founder of SpaceX has a 9,2% stake in Twitter and is the company’s largest shareholder
11.04.2022 - 09:55
443
2 min
0
What’s new? Twitter chief Parag Agrawal has stated that businessman Elon Musk will not join the company’s board of directors. Agrawal added that Musk remains Twitter’s largest shareholder with a 9,2% stake and that the company will listen to his further suggestions and ideas.
What had happened before? In April, it became known that the head of Tesla and SpaceX acquired a 9,2% stake in Twitter worth $2,89 billion. Also on April 10, Musk proposed integrating payments in Dogecoin into the social network to pay for a Twitter Blue subscription.
In January 2022, Musk criticized Twitter’s new NFT feature, calling it “annoying.” The social network also added the ability to pay tips using Ethereum. BTC payments were already available on the platform.
Useful material?
Incidents
Scammers took advantage of the former US president’s recent announcement of a real DeFi protocol
Sep 4, 2024
Technologies
The upgrade is aimed at implementing a new decentralized project governance system
Sep 2, 2024
Incidents
The company placed $2б4 billion in bonds maturing in 2026, but their value has fallen dramatically since the entrepreneur’s arrest
Aug 30, 2024
Incidents
In both cases, depending on the outcome of the investigations, the messenger could be blocked
Aug 29, 2024
Market
The project will offer a decentralized alternative to traditional banking services
Aug 29, 2024
Trends
Within a week of its launch, the platform managed to overtake its main competitor, Pump.fun on the Solana network
Aug 28, 2024