‘Chief Twit’ Elon Musk becomes the SOLE director of Twitter after dissolving the board of directors

Elon Musk has dissolved Twitter’s board of directors which makes him the ‘sole director’ of the social media giant – as he plans to ‘fire a quarter of the workforce’ after being spotted partying with his ex-wife.

The world’s richest man was spotted in Beverly Hills on Sunday night for an exclusive Halloween party hosted by actress Bella Thorne, and was accompanied by his former spouse Justine Wilson. 

It appears that he was parting into the early hours before lodging a security filing on Monday, which states that all previous members of the board are no longer directors ‘in accordance with the terms of the merger agreement’.

The Tesla CEO, who has given himself the title of ‘Chief Twit’, fired four executives shortly after taking over, who had been owed millions under the merger agreement.

Former CEO Parag Agrawal had been set to received up to $60million alone, but Musk sacked them all ‘for cause’ – though it is unclear his reasons behind the move. 

It is possible the firings could void the payout agreement, but the executives are ‘deliberating’ their next steps. 

Agrawal and chairman Bret Taylor are no longer on the board of directors after Musk’s $44bn takeover. 

Martha Lane Fox, Omid Kordestani, David Rosenblatt, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou have also been ousted from their positions after the SpaceX chief’s overhaul.

The world’s richest man was spotted in Beverly Hills on Sunday night, before the filing on Monday, for an exclusive Halloween party hosted by actress Bella Thorne, and was accompanied by his former spouse Justine Wilson

Hours before the filing was made, Musk was snapped with his ex-wife Justine, who was dressed in a full latex feline outfit and appeared in good spirits

A securities filing lodged on Monday states that all previous members of the board are no longer directors ‘in accordance with the terms of the merger agreement’ 

Martha Lane Fox, left, and Omid Kordestani, right, were both removed from their roles on the board of directors at Twitter

Chairman Bret Taylor has had his role dissolved, with Elon Musk making himself the ‘sole director’ of the social media giant 

Justine smiled as she and Elon got into a Tesla and appeared to share a ride, while the SpaceX chief didn’t seem to have dressed up for the occasion

As well as sacking Agrawal, Musk also fired  CFO Ned Segal, Chief Legal Officer Vijaya Gadde and General Counsel Sean Edgett. 

Hours before the filing was made, Musk was snapped with his ex-wife Justine, who was dressed in a full latex feline outfit.

The pair appeared to be in good spirits as they chatted away before jumping into a red Tesla before leaving the party together.

Justine, 49, and Musk, 50, share 18-year-old twins together Griffin and Vivian – who recently revealed her plans to change her gender and cut ties with her billionaire father.

Vivian, formerly Xavier, is petitioning the court to change her last name to Wilson, adding: ‘I no longer live with or wish to be related to my biological father in any way, shape or form.’

Musk, 50, has two other children with Canadian singer Grimes, 33: two-year-old X Æ A-12 and Exa Dark Sideræl, six months – nicknamed X and Y by their parents.

Wilson and Musk split acrimoniously in 2008, with Wilson going on to write an essay in Marie Claire in 2010 in which she described herself as a ‘starter wife’ and revealed her anger over his engagement to British actress Talulah Riley just six weeks after he filed for divorce.

She also told how Musk declared himself the ‘alpha’ in their relationship and treated her like an employee to which he would often respond: ‘If you were my employee, I would fire you.’

The former couple were seen chatting outside of the party in Beverly Hills, hosted by actress Bella Thorne, hours before he dissolved Twitter’s board of directors

The unlikely reunion lasted past 2am when they were seen exiting with 5 or more security guards

Former CEO Parag Agrawal, right,  also had his directorship dissolved, along with David Rosenblatt, left

Wilson and Musk split acrimoniously in 2008, with Wilson going on to write an essay in Marie Claire in 2010 in which she described herself as a ‘starter wife’

Elon Musk plans to let a quarter of the workforce go at social media giant Twitter in his first round of layoffs after acquiring the company in a multi-billion dollar takeover last week 

When their eldest son Nevada died from Sudden Infant Death Syndrome in 2002, Wilson said Musk regarded her grief as ’emotional manipulation’ and refused to talk about the baby.

Although they went on to have five children, she said he regarded her as insignificant and pushed her into becoming a trophy wife cliché.

It comes as the new Twitter CEO allegedly issued an ultimatum to the social media platform’s engineers, telling them to revamp Twitter’s verification system in less than a fortnight or face the sack.

Celebrity lawyer Alex Spiro, a long-time Musk legal representative, led the conversations about the job cuts, according to the Washington Post.

The Tesla and SpaceX chief immediately fired the social media company’s CEO, chief financial officer, head of legal, and general counsel when he assumed command on Thursday.

Both Musk and Justine were seen darting into to the back of a pristine red Tesla with a white interior

Justine donned grey fringe boots with her latex cat outfit, as well as a matching mask 

Egon Durban, left, and Patrick Pichette, right, are also on the list of nine board members who have been ousted from their roles

Earlier, Musk insinuated that he regarded the New York Times as a fake news outlet

The first round of layoffs will impact almost every department, and are expected to specifically impact sales, product, engineering, legal, and trust and safety in the coming days, the Post’s source claimed.

Musk also joked that Twitter would be ‘minting money’ if he had a ‘dollar for every time someone asked if Trump is coming back’ to the social network.  

Twitter had over 7,000 employees at the end of 2021, according to a regulatory filing and a quarter of the headcount amounts to nearly 2,000 employees.

Musk denied a New York Times report about laying off Twitter employees at a date earlier than November 1 – which is tomorrow – to avoid stock grants due on the day.

After engineers, Twitter’s highest paid employees work in sales – with several earning more than $300,000.

Musk also denied claims that he will be firing employees before they received their November 1 compensation in the form of stock grants.

He responded to the claims made by ProPublica’s deputy managing editor, Eric Umansky, responding by saying ‘this is false.’

According to a report from The Verge, Musk wants to launch a pay-for-play verification system in which verified users are charged $20 per month.

The problem is that engineers have until November 7 to launch the scheme or face being fired. Employees were only told of the project on October 30.

The Verge report says that the price of the verification is subject to change. The price will also cover so-far unspecified other features.

Musk is pictured with Twitter employees in the office on the day of the takeover

In responding to ProPublica’s Eric Umansky tweeting the Times story, Musk simply wrote: ‘This is false’

On Sunday Musk took aim at Twitter’s board ad lawyers, claiming that they ‘deliberately hid evidence from the court’ – referring to his legal bid to stop the takeover

Longtime ally to Musk David Sacks is reportedly working with the Tesla CEO as a ‘staff software engineer’

Since Musk first offered to buy Twitter, the world’s wealthiest man has made it clear he planned to shake things up at the social media giant.

Hours before The Verge report emerged, Musk tweeted: ‘The whole verification process is being revamped right now.’

Earlier, tech website Platformer’s Casey Newton reported that Twitter was leaning towards asking for verified users to pay for the privilege.

DailyMail.com has asked Twitter for comment on this story.

Both David Sacks and Jason Calacanis have appeared in a company directory over the weekend, and are understood to have the titles of ‘staff software engineer’.

Musk’s official title is CEO, although publicly he has referred to himself as ‘Chief Twit’

New Twitter CEO Elon Musk shared a link to a now-deleted article suggesting Paul Pelosi left a gay bar with David DePape early Friday morning before he was allegedly attacked with a hammer

Since Musk first offered to buy Twitter, the world’s wealthiest man has made it clear he planned to shake things up at the social media giant 

Musk’s official title is CEO, although publicly he has referred to himself as ‘Chief Twit’.

On Sunday Musk took aim at Twitter’s board ad lawyers, claiming that they ‘deliberately hid evidence from the court’ – referring to his legal bid to stop the takeover.

He claims that the former board of directors and lawyers used ‘fraudulent metrics’ during the court hearing, and warned ‘stay tuned, more to come’.  

Sriram Krishnan, another longtime Musk associate, also tweeted that he was helping out the deal by investing $400million from crypto firm Andreessen Horowitz.

Musk took further aim at the New York Post in tweeting a screenshot of a headline from NYTimes.com accusing him of posting a link to a fake story surrounding the assault on Paul Pelosi.

The headline read: ‘Elon Musk, in a Tweet, Shares Link From Site Known to Publish Fake News.’

He quipped: ‘This is fake – I did *not* tweet out a link to the New York Times.’

Musk earlier deleted a tweet suggesting Paul Pelosi’s attacker was a gay prostitute he met during a boozy night out.