Twitter Deal

Elon Musk to Close US$ 44 Billion

Elon Musk is now officially in charge of Twitter and has fired several top executives after closing his US$44-billion deal

CEO Parag Agrawal, chief financial officer Ned Segal and legal policy chief Vijaya Gadde were escorted out of Twitter’s headquarters. 

The closing of the deal caps a month-long saga. Musk first offer to buy the social media platform and then try to walk away, sparking a court battle.

Twitter Deal

Musk agreed to return to his original offer earlier this month. And was given until Friday to complete the deal

Elon Musk

He had previously accused the outgoing executives of misleading him over the number of spam accounts on the platform.

Twitter

And criticized them over content moderation and other issues, leading to his attempt to back away from the purchase.

Elon Musk

The founder and owner of Tesla and SpaceX

But the world’s richest person Mr. Musk, has since appeared to embrace his new venture.

Why Elon Musk brings sink to Twitter HQ

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