As a result of Musk’s acquisition of Twitter, he has become the new CEO of the social media company. Immediately following Musk’s takeover of Twitter, Indian-origin CEO Parag Agrawal and legal executive Vijaya Gadde were fired. According to The New York Times, Musk has reportedly fired at least four top executives at Twitter as part of his cleaning house strategy.
In addition to Agrawal and Gadde, Ned Segal and Sean Edgett were terminated.
Musk has admitted in a way that he overpaid for Twitter as far as the Twitter deal is concerned. According to the billionaire, Twitter has a much greater future potential than its current value. There have been few concrete details provided by Musk about his plans for Twitter in the future. Keep up to date on the Elon Musk Twitter takeover saga by following live updates.
With new twists and turns almost every week, Elon Musk’s takeover of Twitter has to be one of the most dramatic tech acquisitions ever. When plotted on paper, the entire deal may look like a sine curve, indicating whether or not the billionaire is actually interested in buying Twitter. A kitchen sink was in Musk’s hands when he entered Twitter’s headquarters in San Francisco on October 27, 2022.
After changing his Twitter bio to ‘Chief Twit’, Musk tweeted, “Entering Twitter HQ – take a moment to process that.” In addition, he tweeted, “Meeting a lot of cool people today at Twitter!” without mentioning anyone in particular.