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| Elon Musk |
The world’s richest man, Elon Musk has fully assumed control of Twitter late yesterday and sacked its top executives.
Following the takeover, the co-founder of Tesla and SpaceX in confirmation the report tweeted “the bird is freed” earlier today.
It would be recalled that 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 and they were escorted out of Twitter’s San Francisco headquarters after the deal closed.
Co-founder Biz Stone thanked the trio for their “collective contribution” to the business.