Elon Musk Officially Acquires Twitter For $44 Billion
Elon Musk has officially acquired Twitter for a staggering $44 Billion, which he himself described as “grossly overplayed”. Elon Musk has made his presence felt at the Twitter offices in San Fransisco, with many of the top executives at the company being shown the door. The list of ousted executives includes CEO Parag Agrawal, CFO Ned Segal and Chief Legal Counsel Vijaya Gadde. Elon Musk is known for being an eccentric character and posted a video of him walking into the Twitter headquarters with a sink alongside a cheeky caption reading “Entering Twitter HQ – let that sink in!”
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Elon Musk’s tenure will see him focus on increasing the financial viability of Twitter through an improved advertising model. The tech billionaire is also focused on increasing the user base of Twitter, with the platform losing its major contributors. At the core of his takeover is the reduced moderation of content on the platform. Where do you think the platform is heading with the eccentric billionaire at the helm?
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022