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Greenlight for Dogecoin holders as Elon Musk may buy Twitter this week

Cover image via Twitter

Tesla's Billionaire reportedly may buy out the giant social media 'Twitter 'this week, according to a Monday report by The Wall Street Journal.

Earlier this month, Elon Musk trended on social media over the announcement of his bid to take Twitter private for $43 billion. Before that, he bought more than a 9% stake in the influential social media platform.

The report of Elon Musk taking over Twitter on Monday stated that the board members of Twitter are rethinking Elon Musk's bid to buy the social media platform. The deal may be finalized as soon as this week, though there is no guarantee.

The Elon Musk's$43 billion bid details were discussed between the two parties for the Acquisition on April 24, and there has been some progress.

The source said that there were still more issues to be resolved, but it looks like the deal is moving forward.

However, there is no guarantee that there will be a deal because Musk is not the only person who wants to buy out Twitter, as recent weeks have shown that multiple parties were interested in acquiring the social medial platform.

Greenlight for Dogecoin holders

There is an indication that the world's richest man Elon Musk will use Twitter to boost Dogecoin after taking over the social media platform.

In a response to a recent tweet posted by Dogecoin creator Billy Markus, Tesla CEO Elon Musk has opined that meme cryptocurrency Dogecoin would gain more utility if more businesses started accepting it.

He also added that using Dogecoin for tipping creators would be "nice."

Elon Musk also recently suggested allowing Twitter users to pay for Twitter Blue subscriptions with the help of Dogecoin after he acquire a 9.2% stake in the company.

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