Elon Musk Became the Sole Director of Twitter

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Elon Musk Became the Sole Director of Twitter

 

Crypto-friendly billionaire Elon Musk has become Twitter’s sole director after nine former board members were fired, new documents show. In an SEC filing dated Oct. 27, the “consummation” of Musk’s takeover of Twitter came with the dissolution of Twitter’s board members, including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou.

“On October 27, 2022, and following the completion of the merger, Mr. Musk became the sole director of Twitter,” the filing reads. Tesla’s CEO later tweeted, responding to a Twitter user, that the deal was “temporary.” Musk has previously said that the platform he owns will focus on free speech, removing spambots and fake accounts, editing functions, and possibly even crypto payments. In the days since the Tesla CEO assumed ownership of Twitter, Musk has been busy providing updates on what his new platform could bring to the table.

 

 

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