Elon Musk takes over the top post of the next company: Shortly after buying Twitter, Elon Musk also takes over the management of the short message service, according to a message to the US Securities and Exchange Commission on Monday.

He already runs electric car maker Tesla, space venture SpaceX, brain chip startup Neuralink and tunnel builder Boring Company.

According to another mandatory announcement, Musk also dissolved the Twitter board of directors.

However, this measure was “only temporary”, he announced via his own account on the platform.

Musk had complained there over the weekend that the short message service felt like there were ten managers for one programmer.

The short message service did not initially want to comment on the question of how long Musk will be head of Twitter or whether he will appoint someone else.

After a month-long tug-of-war, the eccentric richest man in the world has officially become the owner of the social media network, which cost him $44 billion, a few days ago.

Musk immediately fired Twitter CEO Parag Agrawal, Chief Financial Officer Ned Segal and General Counsel Vijaya Gadde.

Musk had accused Twitter executives of misleading him and investors about the number of fake accounts on the social media platform.

According to official information, there are less than five percent "fake accounts".

In the dispute over the documents, Musk had threatened to call off the takeover announced in the spring.

layoffs initiated

According to the Washington Post, the layoffs are not limited to top management.

A quarter of the approximately 7,000 jobs on Twitter would be up for grabs.

The New York Times reported that Musk is speeding up the layoffs to avoid paying out stock options.

The deadline is November 1st.

"That's wrong," the self-proclaimed "Chief Twit" tweeted.

The short message service could not be reached for comment on the matter.

Musk, who officially registered with the US Securities and Exchange Commission as the "Technoking of Tesla," made his mark on Twitter within days.

According to insiders, his confidants are taking a close look at the Twitter software.

In addition, the verification of user accounts is to be revised and made subject to a fee.

With "Twitter Blue", Twitter already offers a paid offer with premium functions, which include the subsequent editing of tweets.

Musk wants to make Twitter less dependent on volatile advertising revenue.

He also sees it as a way to reduce the number of fake accounts.

With that in mind, horror book author Stephen King tweeted why he should pay $20 a month just to keep his account verification seal.

Musk replied, "How about eight dollars?"

The new Twitter owner also wants to relax the internal rules for deleting entries and blocking user accounts.

Former American President Donald Trump should also be allowed to return.

His account was permanently suspended after Trump supporters stormed the Capitol in early 2021.

During his tenure, the Republican president preferred to explain his policies via Twitter.

So far, Trump wants to remain true to his own short message service “Truth Social”.