Elon Musk takes over Twitter, fires executives


The world’s richest man, Elon Musk assumed full control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading platforms for global discourse in the hands of the world’s richest man.

In an apparent confirmation on Friday, the co-founder of Tesla and SpaceX 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 which threatened the sale and take over.

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

Share this Article