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Elon Musk shows top executives he is now the new owner of Twitter

by NaijNaira
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Elon Musk shows top executives he is now the new owner of Twitter

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Co-founder of Tesla and SpaceX, Elon Musk has now assumed full control of Twitter which took place late Thursday.

In an apparent confirmation on Friday, the world’s richest man tweeted “the bird is freed”.

The $44billion purchase of the influential social media platform was first announced in late April.

But the following months witnessed disagreements that threatened the sale and takeover.

The then-Twitter management filed a lawsuit accusing Musk of trying to go back on the terms of the agreement.

Now in charge, Musk has fired Twitter CEO Parag Agrawal, CFO Ned Segal, and top legal executive Vijaya Gadde.

Co-founder Biz Stone thanked the trio for their “collective contribution” to the business.

Agrawal and Segal were escorted out of Twitter’s San Francisco headquarters after the deal closed, according to Reuters.

This article was updated 2 months ago

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