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Elon Musk acquires Twitter, fires CEO Parag Agrawal

by Pakistan Latest News Update

World’s richest man Elon Musk has taken management of microblogging platform Twitter after finalising a $44 billion deal, and reportedly fired its chief govt Parag Agrawal, in addition to the corporate’s chief monetary officer and its head of security.

Sean Edgett, Twitter’s basic counsel, was additionally fired. Musk and Twitter have but to substantiate the firings.

The closure of the deal got here as a shock though Musk signaled the deal was on observe by altering his Twitter profile to “Chief Twit.” Following the takeover, Musk tweeted “the bird is freed.”

Musk additionally posted a video of himself strolling into the corporate’s California headquarters carrying a sink. “Let that sink in!” he tweeted.


Earlier this month, the billionaire supplied to shut the deal on the authentic value which started on April four when Musk disclosed a 9.2pc stake within the firm. The Delaware decide presiding over the conflict postponed the trial at Musk’s request.  

Following his acquisition, Musk deliberate to chop jobs, leaving Twitter with roughly 7,500 staff.

Musk, who additionally runs rocket firm SpaceX, plans to carry everlasting bans on customers, based on media retailers.

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