After months of legal battles, Elon Musk has reportedly completed the $44 billion deal to buy Twitter. He has already taken control of the company and fired several key executives, including CEO Parag Agrawal.
Several media outlets reported Thursday evening that Musk has finalized the deal. There was no official statement from his side, but he wrote on Twitter "the bird has been released".
the bird is free
— Elon Musk (@elonmusk) October 28, 2022
Shortly after taking the helm at Twitter, Musk reportedly fired several senior figures, including CEO Parag Agrawal, Ned Segal, chief financial officer, and Vijaya Gadde, director of legal and security policy.
Previously, it was reported that Elon Musk was planning to cut nearly 75% of his staff in an effort to pay off the company's debt, claims he has dismissed, telling employees that he would not cut such a large portion of the staff.
Twitter now enters a new chapter, with many questions about what Elon Musk plans to do with a platform that plays an outsized role in the political and media landscape. Musk has shown himself to be a "free speech absolutist", which has worried human rights groups who have argued that the lack of content policies could cause chaos.
