Elon Musk took control of Twitter and fired its top executives, US media reported late Thursday, in a deal that puts one of the top platforms for global discourse in the hands of the world’s richest man.
Musk sacked chief executive Parag Agrawal, as well as the company’s chief financial officer and its head of legal policy, trust and safety, the Washington Post and CNBC reported citing unnamed sources.
Agrawal went to court to hold the Tesla chief to the terms of a takeover deal he had tried to escape.
The reports came hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the social media network.
Musk tweeted on Thursday that he was buying Twitter “because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner.”
The billionaire even shared a picture of himself socializing at a coffee bar at Twitter headquarters.
Elon Musk has officially taken control of Twitter after finalising a $44bn deal to buy the social media network.
In one of his first decisions at the helm of the social media giant, Musk, the world’s richest man, fired three top executives including CEO Parag Agrawal, multiple United States-based media outlets reported on Thursday, citing people familiar with the matter.