Elon Musk Completes Twitter Acquisition, Fires Chief Executive

Elon Musk Completes Twitter Acquisition, Fires Chief Executive

Elon Musk Completes Twitter Acquisition, Fires Chief Executive
Elon Musk Completes Twitter Acquisition, Fires Chief Executive
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Elon Musk has completed his planned $44 billion acquisition of Twitter.

With the deal’s closing, Musk has let go of CEO Parag Agrawal, finance chief Ned Segal, and Twitter’s head of legal, policy, trust and safety, Vijaya Gadde.

“The bird is freed,” Musk tweeted, referencing the deal’s completion.

Musk had until Friday to either complete the deal or battle it out in court over his right to back out of the deal after agreeing to buy the company in April.

While Musk’s psyche behind acquiring Twitter has been to ensure equal access to the platform for both conservative and liberal voices, he assured advertisers that the platform will not become “a free-for-all hellscape, where anything can be said with no consequences!”

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk said.

"There is currently great danger that social media will splinter into far-right wing and far left-wing echo chambers that generate more hate and divide our society."

Elon Musk Completes Twitter Acquisition, Fires Chief Executive
Photo credit: Elon Musk

Earlier this week, Musk was seen carrying a sink into Twitter’s San Francisco headquarter, saying, “Entering Twitter HQ – let that sink in!”

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