Elon Musk Disbands the Entire Twitter Board

Elon Musk wrote a report to US officials. In this report, information about the acquisition process of Twitter is given. He also officially announced that he is the new CEO of Twitter.
 Elon Musk Disbands the Entire Twitter Board
READING NOW Elon Musk Disbands the Entire Twitter Board

The social media community has been focused on Elon Musk and Twitter for a few days. As of Friday, Twitter has been officially acquired by Elon Musk. The first act of the billionaire businessman was to dismiss the CEO. It has also been suggested that the “blue tick” feature on Twitter will now be paid. Now, a new move has come from Elon Musk.

You will have those who remember; Elon Musk said in a statement he made a few days ago that he did not know who the CEO of Twitter was. However, as of now, this situation has changed. A report by Musk to the US Securities and Exchange Commission (SEC) revealed the company’s new CEO.

Elon Musk becomes CEO of Twitter

The report to the SEC actually includes general information about the acquisition of Twitter. However, towards the end of the report, there is a statement: “The Reporting Person is the Chief Executive Officer of the post-Merger Company”. This phrase is very important. When we translate the sentence into Turkish, we understand that the person who prepared the report in question is the CEO of the company. So who is the person who prepared the report? Of course Elon Musk!

While Elon Musk was officially the CEO of Twitter, he disbanded the entire Twitter board as included in the acquisition agreement, so to speak. With the document published on the Internet, a new era began for Twitter. We will see together what will happen in the next process…

You can find the SEC report here.

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