As of yesterday (Friday 28th October), Elon Musk completed the takeover of Twitter, which cost him $44 billion. The deal was completed just a few hours before the court-ordered deadline which would have meant the deal would have to be re-negotiated. Elon bought Twitter for $44 billion, changed his Twitter bio to “Chief Twit”, tweeted “the bird is freed” and fired many top executives.
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022
Within hours, Elon Musk had fired Parag Agrawal, who was the CEO for around a year since Jack Dorsey stepped down last year. He also fired the CFO, Ned Segal and the head of legal policy, trust, and safety Vijaya Gadde.
Elon has also announced that a new council is to be drawn up to help moderate posts and decide whether or not any users should be reinstated after being banned.
As of writing, Parag Agrawal still has “ceo @twitter” on his Twitter profile.