After his stunt with the bathroom sink yesterday at Twitter Headquarters (he walked in carrying it and Tweeted “let that sink in,) Elon Musk is now the proud owner of the social media platform.
Musk closed the $44 billion deal a day ahead of the deadline, which was today, and the new owner got right to work cleaning house. Musk immediately fired several of the company’s top executives including CEO Parag Agrawal, CFO Ned Segal and their top lawyer Vijaya Gadde.
Today’s meeting with employees ought to be uncomfortable as the billionaire has said that once he takes ownership, he plans on laying off around 75-percent of the company's staff.
He told reporters he's buying Twitter "to try to help humanity" and said his goal is to give everyone a "common digital town square."
Many have criticized Musk for saying he would un-ban former President Trump's account and that he would also relax restrictions on what is and isn’t allowed on the site.
Why criticize that? I don’t like the idea of banning anyone. And if you don’t want to see or hear what someone has to say, don’t follow them. Last I checked, free speech is still a thing in this country.
Source: CNBC
Photo: Getty Images