Twitter to be de-listed from New York Stock Exchange following Musk takeover

Social network is officially being held in private hands.

Published: October 28, 2022 2:22pm

Updated: October 28, 2022 2:38pm

Twitter will be delisted from the New York Stock Exchange early next month, a consequence of the company's officially being turned over to private ownership following Elon Musk's mammoth buyout of the social media website.

A filing from the New York Stock Exchange informed the U.S. Securities and Exchange Commission of the exchange's intent to "to remove [Twitter's] securities from listing and registration on the Exchange at the opening of business on November 08, 2022."

The exchange noted that Twitter "was suspended from trading before market open" on Thursday.

The document also revealed that Twitter has officially been merged with X Holdings II, a legal corporation formed by Musk in order to facilitate the purchase of the social media giant.