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After months of pondering whether Tesla and SpaceX CEO Elon Musk would acquire Big Tech giant Twitter, reports indicate that company heads have been allegedly fired, indicating a complete Musk takeover.
The Washington Post reported Thursday that CEO Parag Agrawal, Chief Financial Officer Ned Segal, and Head of Legal, Policy, Trust, and Safety Vijaya Gadde, have all been allegedly terminated, sources close to the matter report. Twitter’s general counsel Sean Edgett was also reportedly ousted from the company.
Previously, Musk accused Agrawal, Segal, and Gadde of misleading him and his investors over Twitter’s fake “bot” accounts, FOX Business stated.
The outlet added that the move to dethrone the heads of Twitter comes after Musk closed the deal to acquire Twitter for $44 billion.
Initially, the billionaire entrepreneur attempted to step away from the deal over the company allegedly citing “false and misleading representations” back in July, RSBN reported.
However, as Musk and Twitter engaged in a fiery legal battle, a Delaware judge ordered the two parties to close the deal by Oct. 28, with Musk moving forward with his original proposal earlier this month, FOX Business stated. Twitter announced it would close the deal after collecting Musk’s offer.
Musk changed his Twitter profile bio to “Chief Twit” and tweeted, “Entering Twitter HQ – let that sink in!” as he carried a physical sink upon his entrance to the company’s headquarters on Wednesday.
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