Last Updated on: 27th June 2023, 01:58 pm
Elon Musk’s Twitter Takeover Begins With A Shootout
Tesla CEO and richest man alive, Elon Musk, has successfully closed a $44 billion deal to acquire social media giant Twitter.
Following its acquisition, the company fired three top executives and several other employees, including Chief Executive Officer Parag Agrawal, Chief Financial Officer (CFO) Ned Segal, and Chief Legal, Policy, and Trust Officer Vijaya Gadde.
Twitter’s General Counsel Sean Edgett was also reportedly removed from his post. However, Musk and Twitter have yet to confirm the shooting.
Musk, often known for his sarcastic and humorous posts, tweeted, “Let him down,” after posting a clip of himself carrying a sink at the headquarters of his recently acquired company.
Importantly, Musk has identified himself as a “free speech absolutist” and has criticized Twitter for its restrictions and moderation rules.
In May, he said he would reactivate former US President Donald Trump’s account, which had been suspended for fomenting violence during riots in the US Capitol.
Earlier Wednesday, he said Twitter’s ability to support citizen journalism and allow users to share information without “established bias” is its greatest strength.
Also Read: Elon Musk is considering ways to monetize Twitter
Elon Musk’s Message To Advertisers
On Thursday, the Tesla CEO released a message to advertisers saying he took over Twitter because a common digital platform is vital to future civilization.
He also commented on how the mainstream media had become polarized and pro-profit biased, resulting in missed opportunities for dialogue.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022
However, he said he didn’t want the social media giant to become “hell for everyone” and suggested the platform should be welcoming to everyone.
Also Read: Elon Musk questions calls to boycott Twitter by Soros-backed groups and Clinton agents
