Elon Musk Takes Over Twitter – Fires CEO & CFO

The world’s richest man, Elon Musk, has finally completed his $44bn to take over Twitter and immediately fired its top executives.

CEO Mr. Agrawal, Chief Financial Officer Ned Segal Vijaya Gadde, and Twitter’s top legal and policy executive, Sean Edgett, were escorted out of the firm’s San Francisco headquarters on Thursday evening, said Reuters.

 Mr. Musk tweeted “the bird is freed” and later said, “let the good times roll”.

Biz Stone, the co-founder of Twitter, appeared to confirm the executives’ departure. He thanked all three in a tweet for their “collective contribution to Twitter,” describing them as “massive talents and beautiful humans.”

The closure of the $44 Billion deal brings an end to months of legal battles, but it raises concerns about the platform’s future direction.

Elon Musk carrying a sink into Twitter HQ on Wednesday.

Mr. Musk had previously criticized Twitter’s management and moderation policies. 

They fought over the terms of the acquisition, with Mr. Musk accusing Twitter of providing false information about the company’s user numbers.

He has also stated that he will lift bans on suspended users, which could include former US President Donald Trump, who was barred following the January 2021 Capitol riot.

The takeover has sparked debate among Twitter users about how the platform will look under Mr. Musk’s ownership.