Elon Musk buys Twitter.... finally.
Elon Musk finally bought Twitter, and the first thing he did was to fire top level executives. The following are the executives who were fired.
Parag Agarwal - CEO
Vijaya Gadde - Head of Legal, policy and trust
Ned Segal - CFO
Sean Edgett - General Counsel
Elon is now the CEO of the company.
Shareholders will be paid $54.20 per share, and Twitter will now operate as a private company.
The below is a photograph of Elon on Twitter’s office after acquisition.
Elon has funded the Twitter acquisition in the following manner.