Elon Musk’s career with Twitter

After Musk criticized the social media platform for censorship and bot issues, Musk – who is also the CEO of Tesla – became part of Twitter’s board of directors. However, this was not enough for him, as Elon Musk offered a deal to buy Twitter for $44 billion.

Elon Musk backed out of buying Twitter after learning that the company had not adequately reported on issues involving Twitter bots. That dramatically reduced the company’s stock price — and the Twitter chief was upset when he threatened to sue Musk based on the role he played, which caused his company’s stock to plummet in value.

Musk later agreed to re-offer Twitter — a deal that closed Thursday night and means the social media giant is under new management.

Following this development, it was initially reported that Twitter CEO Parag Agarwal and Chief Financial Officer Ned Segal have resigned from their positions.

Also Read: 10 Things You Didn’t Know About Billionaire Elon Musk

However, successful reports from various news outlets revealed that after Elon Musk officially acquired Twitter, he fired the two, along with the head of the company’s legal policy.

The future of Twitter after the new president

I hesitated Rumors Many claim that Twitter is in the middle of prototyping its original crypto wallet, although there is no official information on this as of this time.

According to tech blogger Jane Manchun Wang, the social media company has a working wallet with crypto deposit and withdrawal functions.

There are no reliable reports as of this time as to which cryptocurrencies or networks are supported or if Dogecoin is included in the list of accepted altcoins for this feature.

Twitter has remained tight-lipped on the matter, but it’s already making progress in the crypto direction after last year rolling out a tip feature that allowed users to send bitcoin to creators via the platform.

In February this year, Ethereum was added as a virtual currency for the tipping feature.

With Elon Musk acquiring Twitter and being the new head of Twitter, it wouldn’t be surprising if he allowed Dogecoin to be used as a way to pay content creators using the social media platform.