Twitter will delist on November 8 after closing its sale to Elon Musk

by time news

Twitter It will cease to be listed on the New York Stock Exchange on November 8.according to a notification transferred this Friday to the stock market regulator.

The actions of the social network will disappear from the market after this Thursday its sale to billionaire Elon Musk will be closed, putting an end to an adventure that has lasted for months.

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From the beginning, Musk had made clear his intention to turn Twitter into a private companywhich, unlike listed companies, have fewer obligations to provide information on their movements and performance and are subject to less scrutiny by regulators.

In the notification made this Friday the merger between Twitter and X Holdings is confirmed, the vehicle created by Musk to execute the operation and that will officially be the owner of all the titles of the social network.

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