Elon Musk Officially Acquires Twitter May Upturn Trump, Kanye West Bans

• Elon Musk has officially taken over Twitter as its new owner after completing the deal on Thursday
• Elon Musk beat the Friday deadline outlined in the deal, which would’ve meant failing legal action
• Top sources at the company confirmed that CEO Parag Agrawal and the company’s CFO had been fired by Musk

According to multiple reports, the world’s richest man, Elon Musk, has officially acquired Twitter after completing the $44 billion (R 795 billion) deal to take over the microblogging site on Thursday.

Forbes reports that Musk immediately went to work and fired the company’s CEO, Parag Agrawal and other top executives in the company.

CEO, other Twitter top executives fired

After taking over the firm, one of his first directives appeared to be firing frontline staffers, including Chief Finance Officer Ned Segal.

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There are fears he may fire about 75% of Twitter employees, documents and interviews by the Washington Post revealed, showing the Tesla CEO’s hostile relationship with Twitter’s criticisms of his content.

The billionaire has mulled changes on the site, including subscriptions, reducing the number of fake and spam accounts on the site, and changing the content algorithm to promote free speech.

Trump and Kanye West may return

According to the SpaceX CEO, he may reinstate and upturn lifetime bans of former President Donald Trump and rapper Kanye West. This week, he lost over $2 billion net worth over his antisemitic comments.

Donald Trump was ousted from Twitter in January after his supporters rioted following his inciting tweet asking them to ‘take back America’ after he lost the last election.

Musk had always supported Kanye West and welcomed him back to Twitter earlier this month when the rapper returned to the platform.

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Kanye West was banned this month following threats of violence against the Jews.

Musk has beaten the Friday, October 28, 2022, deadline stipulated in the deal, or he would face legal fireworks.

Elon Musk officially becomes owner of Twitter and fires execs, Mzansi peeps happy: “Freedom of speech is back”

In similar news, Briefly News reported that Space X and Tesla owner Elon Musk officially became the owner of Twitter and fired four of the top execs from the company.

According to Jacaranda FM, the Starlink owner let go of then-CEO Parag Agrawal, and the business's CFO. According to an unnamed Washington Post and CNBC source, the company's head of safety was also thrown out with the others.

The deal went through after Parag went to court to ensure the deal was held. In April, musk initially planned to purchase the company for a whopping $44 billion but decided against it.

Source: Legit.ng