Tesla’s owner Elon Musk became Twitter’s Owner, Closed $44bn deal, Escort out CEO Parag Aggarwal and many senior executives
1 week ago
The richest man in the world, Elon Musk has now become the owner of Twitter. Musk took control of Twitter before the court’s deadline. Along with this, he has also fired many top officials including the company’s Indian-origin CEO Parag Agrawal.
Elon Musk, the world’s richest man, has completed the deal to buy the social media platform Twitter. According to reports, Musk has swung into action with the completion of the deal. He has escorted out the company’s Indian-origin CEO Parag Agrawal and two other top executives. These include the names of the company’s legal policy head Vijaya Gadde and chief financial officer, Ned Segal. With this, the ongoing dispute between Musk and Twitter for the last several months has also ended. Musk offered $44 billion to buy Twitter. But later he backed out of it. After this, Twitter dragged him to court. Had Musk not pursued the deal by Friday, the court hearing would have started. Tesla CEO Musk acquired the micro-blogging platform Twitter, after a long time but before the court’s deadline.
Musk was embroiled for several months over the acquisition of Twitter. The US court had given him a deadline of Friday to complete the acquisition of Twitter. Failure to do so, Musk has to face trial in court. However, Musk took over Twitter on Friday before the deadline.
Elon reached the Twitter office a day ago
Elon Musk shared a video of himself walking into the Twitter office yesterday, October 27. He shared this video on Wednesday, two days before Friday’s deadline to complete the agreement to buy Twitter for $ 44 billion. Musk also changed his Twitter profile and wrote ‘Tweet chief’ in his personal statement. He also changed his location to Twitter HQ. Musk can be seen carrying a ‘sink’ to the premises of the Twitter office in the video.