Elon Musk, CEO of Tesla and SpaceX purchased a 9.2% share in Twitter. He was then appointed to the board. The billionaire has made several proposals to the social media giant’s paid subscribe plan. One of these propositions is the implementation of Dogecoin.
CryptoPotato reported that Musk had filed documents with the Securities and Exchange Commission proving that he bought over 70 million Twitter shares. He also suggested that there be “significant improvements” to the platform. Parag Agrawal, Twitter’s CEO, welcomed Musk’s move and said that he would bring “great value to the board.” It didn’t take Musk long to list several proposals. He suggested in a series tweets that the subscription price be reduced from $3 to $2 per monthly but paid upfront for 12 months. Account doesn’t get checkmark until 60 days (watch out for CC chargesbacks) and account is suspended without refund for spam/scam purposes.
Elon Musk (@elonmusk), April 10, 2022
Musk also proposed that Dogecoin be added to the payment system. Musk is undoubtedly the most prominent supporter of the first ever memecoin. He has been promoting the asset for years and even praising Tesla, which accepts Dogecoin payments.
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