Tesla and SpaceX owner Elon Musk has taken over Twitter and immediately sacked its top executives, some of them even escorted out of the company’s headquarters in Los Angeles, US media reported.
Twitter CEO Parag Agrawal, CFO Ned Segal, and legal affairs chief Vijaya Gadde were among the executives terminated by Musk, who formally completed the $44 billion buyout deal on Friday.
Agrawal and Segal were escorted out from Twitter headquarters, local media said. Musk had accused them of misleading him and Twitter investors over the number of fake accounts on the social media platform.
Musk had a court-imposed Friday deadline to complete the Twitter deal he inked in April.
Twitter, Musk and the executives did not immediately respond to requests for comment.
Musk says he wants to “defeat” spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division, even as he limits censorship.
Yet Musk has not offered details on how he will achieve all this and who will run the company.
He has said he plans to cut jobs, leaving Twitter’s approximately 7,500 employees fretting about their future. He also said on Thursday he did not buy Twitter to make more money but “to try to help humanity, whom I love.
