Just today, It has just been reported that Elon Musk has been called to join the Twitter board of directors and this happened after he declared his ownership of 9.2% of the company’s stake Monday, which makes him the biggest single investor in Twitter with a share of 75.3 million.
According to the investment term, 14.9% is what he is allowed to own overall, while he can be an individual investor, member of an investment group, or the director of Twitter.
Now, Twitter CEO Parag Agrawal who took over from Jack Dorsey has spread the word that Musk will be joining the company’s board.
He will serve as a Class II director and his term will expire in two years during the meeting of Twitter shareholders in 2024.
This time could be the right time for Doge tipping to be implemented on Twitter
Musk is a long term Dogecoin fan, he once stated that he would support the implementation of the meme cryptocurrency in social media and even he has been seriously ruminating about constructing a new platform, After Twitter had launched tipping features in Bitcoin and Ethereum last year, Doge cofounder Billy Markus publicly asked Twitter to implement Doge tipping as well.
Now, that Musk can impact the decision-making process on Twitter, who knows, maybe he will do something to promote Dogecoin for users there.