, technical serial entrepreneur and owner of the social media giant X, has published an important post regarding the announcements made earlier this week. He spread the word that all likes under posts have turned private and invisible for anyone apart from accounts owners.The centibillionaire tweeted that after the likes were made private there has been a “massive increase in likes.
As reported by U.Today earlier, Markus, together with several major figures in the world of finance, including the renowned investor and Ark Invest CEO Cathie Wood, publicly supported Musk on his current issue related to the Tesla compensation package agreed on for the tech mogul in 2018 by the company’s shareholders. The company should pay out $56 billion of compensation to Musk should he succeed in taking Tesla’s market value above the $650 billion level within ten years since 2018.
Currently, Tesla already boasts a valuation of $571.6 billion, which is pretty close to the set target. However, many large shareholders and also the a Delaware judge voided Tesla’s decision to make that payment to Musk real unless shareholders vote otherwise. Tesla has now urged its shareholders to vote once again and solve this issue in favor of their current CEO Elon Musk.This voting is yet to be held and the issue remained unsolved so far.
Many on X, however, believe that $56 billion is too a large sum to be paid out to Musk, who is already the wealthiest person on the planet.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.