JAKARTA – In the midst of rumors that Elon Musk has joined Twitter's board of directors, there has been a surprising announcement from Twitter CEO Parag Agrawal. The social media leader with the blue bird logo stated that Tesla and SpaceX boss Elon Musk had been removed from Twitter's board of directors.
Agrawal continued, although Elon Musk remains Twitter's largest shareholder. A few days ago the Tesla boss bought Twitter shares of 9.2 percent of the total amount. This makes Musk the highest shareholder of Twitter.
This massive purchase managed to boost the price of TWTR by up to 25 percent. At the same time, the Dogecoin meme coin also skyrocketed. Because the Technoking of Tesla proposed paying for a Blue Twitter subscription with DOGE.
Reporting from CryptoPotato, with the purchase, the Tesla CEO was appointed to Twitter's board of directors. The richest man on Earth wasted no time and started giving his ideas about a better future for the company. One such proposal includes the implementation of Dogecoin payments.
On April 11, Twitter CEO Parag Agrawal announced on Twitter that the Tesla boss was rescinding his decision to join the board of directors. Top executives did not give reasons for Musk's decision.
The Twitter executive simply stated, "it's for the best." Even so, Agrawal stated that Twitter will remain open to Elon Musk.
It's worth noting that Musk posted a number of tweets over the past few days. Some of them, he openly criticized social media platforms. Agrawal, in the end, says this is exactly what the company needs.
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