Billionaire Elon Musk took over Twitter and fired executives

The world’s richest man and Tesla boss has acquired the social network for $44 billion (44 billion euros), according to unnamed sources from CNBC and the Washington Post.

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“The bird is free”, wrote Elon Musk on Twitter, Friday, October 28. With this message, the boss of Tesla, and the richest man in the world, confirms having taken control of the social network after having concluded the acquisition of the social network for 44 billion dollars (44 billion euros).

Lhe new executive immediately fired boss Parag Agrawal and two other executives, chief financial officer Ned Segal and chief legal officer Vijaya Gadde, according to unnamed CNBC sources. (in English) and Washington Post. Elon Musk said Thursday to buy the social network to allow debates “healthy” on the Internet. He is “important for the future of civilization to have an online public square where a wide variety of opinions can debate in a healthy way, without resorting to violence”he argued.

This acquisition is the epilogue of a soap opera that has been going on since the spring. Twitter had reluctantly accepted a $ 44 billion acquisition offer from Elon Musk at the end of April. The entrepreneur sought to get out of it unilaterally in early July, accusing the company of having lied to him, but the company’s board of directors took legal action. At the beginning of the month, a few days before the opening of a lawsuit that Twitter seemed on track to win, Elon Musk finally offered to close the transaction at the price initially agreed.


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