Elon Musk has officially bought Twitter and he began his first day as the new owner of the platform in true Musk style.
He started by firing the CEO.
And then he strolled into the Twitter HQ while literally carrying a sink just so he could tweet: “let that sink in”.
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Only Musk could walk around carrying a porcelain bathroom sink just so he could make a point using a metaphor.
He also changed his Twitter bio to ‘Chief Twit’ and he then tweeted “the bird is free”.
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Along with the now ex-CEO Parag Agrawal, he also fired other high-profile executives including the CFO Ned Segal and the head of legal policy Vijaya Gadde.
Musk added that while he believes Twitter is overstaffed, he doesn’t intend to cut 75% of Twitter’s staff, as previously speculated.
The deal is done but it wasn’t easy at all.
The CEO of Tesla and SpaceX went back and forth for weeks.
Musk first announced he wanted to buy Twitter months ago, outlining a plan to improve the platform.
Shortly thereafter, the tried to pull out of the deal, citing the amount of spam accounts as the main reason for his change of mind.
However, Twitter threatened to take him to court and that’s what prompted Musk to finalize the deal for the agreed price of $44 billion – or $54.20 per share.
So what’s going to happen next?
As a self-proclaimed ‘free speech maximalist’, Musk will attempt to relax the guidelines that dictate who gets say what on Twitter.
The social network routinely suspends and bans users that share content that’s deemed inappropriate.
Kanye ‘Ye’ West, for example, was recently suspended for sharing offensive comments.
And then of course there’s the famous case of former US President Donald Trump.
Trump was banned in June 2021 and hasn’t returned to Twitter since.
Last but not least, Musk made it a priority to get rid of all fake, bot and spam accounts.
Stay tuned because with Musk at the helm, things always get lively.
