As has become a habit for the Tesla CEO, this week’s actions might already have him on the Security and Exchange Commission’s radar. Regulatory filings show that Musk filed a form 13G with the agency on April 4, officially reporting his ownership of more than 5% of Twitter. The form, however, states the person acquiring said securities is doing so “not with the effect of changing or influencing the control of the issuer,” which would include joining the board.
Source: https://www.coindesk.com/markets/2022/04/05/dogecoin-rallies-again-after-elon-musk-joins-twitter-board/?utm_medium=referral&utm_source=rss&utm_campaign=headlines