Elon Musk already owns Twitter and fired several executives
Time to Read: 2 minute
The richest man in the world closed his successful purchase of the social networking service, propelling Twitter into a new era
Elon Musk completed his $44 billion deal to buy Twitter on Thursday night, and the world's richest man is now in charge of one of the most influential social media platforms.
Several major US media reported, based on unnamed sources, that several top Twitter executives were fired and escorted out of the building, including CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, director of legal policy, trust. and security.
The decisions made by Musk on Thursday night signal his intentions to put his firm stamp on one of the world's most influential social media companies.
Musk has publicly criticized outgoing Twitter management over its product decisions and content moderation, as well as saying he would restore former President Donald Trump's account.
On Thursday morning, Musk signaled that a deal was imminent when he tweeted a statement meant to reassure advertisers, some of whom may be concerned about his content moderation plans.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022
Musk has said that one of his motivations for buying the platform is related to complaints about censorship, primarily from people who have been banned because they violated Twitter's terms of service.
“Obviously, Twitter cannot become a free-for-all hell, where you can say anything without consequence,” Musk said in his statement to advertisers on Thursday.
The purchase of Twitter puts Elon Musk at the helm of one of the most powerful communication platforms in the world just days before the elections in the United States and Brazil.
Musk, a transportation mogul who is also CEO of Tesla and SpaceX, has offered some hints about what he would do when he took over Twitter, despite having no experience running a social media service.
The entrepreneur has told potential investors and partners that he wants to execute a financial turnaround of the company by laying off nearly 75% of the workforce and leaning on new business opportunities, including subscribing people to exclusive content from popular and influential people in the world. service.