Home / AFRICA / Elon Musk disbands Twitter board, takes sole control

Elon Musk disbands Twitter board, takes sole control

New Twitter boss Elon Musk has disbanded the microblogging platform’s board of directors and taken sole control, according to a securities filing on Monday.

All nine members of the board of directors have given up their posts. Musk appointed himself the only new director so far.

After months of back and forth, the tech billionaire – who is also the chief executive officer of Tesla and SpaceX – bought Twitter on Thursday in a $44-billion deal and transferred it to his private ownership.

The New York Stock Exchange has already delisted Twitter shares.

Source: GNA

About Elvis Anokye

Check Also

London hosted the unveiling of Made in Ghana stadium by Mahama, which was built in Ghana. The stadium, constructed from reclaimed materials, serves as a symbol of sustainability and community development in Ibrahm Mahama's home country.

Made in Ghana stadium by Mahama unveiled in London

London hosted the unveiling of Made in Ghana stadium by Mahama, which was built in …

The official opening of the Ukrainian Embassy in Accra was an attempt to strengthen diplomatic ties.

The Ukrainian Embassy in Accra officially opens

The official opening of the Ukrainian Embassy in Accra was an attempt to strengthen diplomatic …