Elon Musk is already making big changes since his takeover of Twitter. According to reports, he has dissolved Twitter’s board and made himself the sole director of the company.

Part of that decision means that all previous members of the board have had their authority removed. The action was taken following his USD $44 billion purchase of the company, according to that same SEC filing, which was made public earlier today, October 31.

The board had previously included its chairman, Bret Taylor, as well as recently ousted chief executive Parag Agrawal.

Some of the other rumoured changes that he intends to make include a council that will review content moderation decisions, the firing of a significant number of employees, and that he could allow previously banned users back onto the platform.

There are also reports that he intends to raise the price of Twitter Blue from five US to $20 dollars a month with verified users given 90 days to sign up or lose their blue tick.

Musk confirmed on Twitter that the “whole verification process is being revamped right now”.