Welcome to the Tech Mem Right Home for Tuesday, April 5th, 2022.

I'm Brian McCullough today.

So much for that passive steak.

Twitter has appointed Elon Musk to its board of directors.

Amazon is gunning for SpaceX in the race to deliver internet from space, some data points

around the whole question of wash trading in the NFT market, and what if I told you there was another

wildly popular thing from the creator of Wirdle? Here's what you missed today in the world of

Tech. Remember when I gave you that Elon Musk Twitter news yesterday, I took the position sort of obliquely

that a lot of other people did that, you know, I mean, clearly, Elon was looking to influence Twitter in some way by taking

his stake, and yet that article that I quoted from said the form filed revealing the

steak is one typically used when you don't intend to do much influencing

to the stock in question.

You just want to be a passive investor.

But I mean, come on, something didn't sound right about that, right?

Well, I think our instincts were correct because Twitter this morning announced that it has appointed

Elon Musk to its Board of Directors after Musk purchased his 9.2% stake in the company.

So that certainly sounds like Musk intends to be active and yet there's also this

interesting detail. Musk cannot own more than 14.9% of Twitter while he's on the board.

So I'm no Matt Levine, but doesn't that sound like Twitter is sort of buying Elon off in a way in order to maybe limit what he could do to

Twitter, quoting CMBC. Through conversations with Elon in recent weeks it

became clear to us that he would bring great value to our board, CEO Perag Agruwall, said in a tweet.

He's both a passionate believer and intense critic of the service, which is exactly what we need on

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