It’s for real this time. After months of legal drama, bad memes, and will-they-or-won’t-they-chaos to put your favorite rom-com to shame, Elon Musk has closed his $44 billion acquisition of Twitter. A number of outlets reported that Musk sealed the deal Thursday night, taking Twitter private and ousting a handful of top executives — CEO Parag Agrawal included — in the process.
Musk reportedly cleaned house on Thursday, firing CFO Ned Segal, Head of Legal, Policy, and Trust Vijaya Gadde and General Counsel Sean Edgett right out of the gate. Though it’s still an aggressive and abrupt day one move, Agrawal was inevitable given his well-documented clashes and a failed virtual meeting with Musk. It’s also no surprise that Gadde was among the first to go. Musk previously singled the top policy executive out with accusations of “left wing bias” over her role in politically-charged decision making at the company, driving a wave of racist hate and harassment her way.
The road to take Twitter private has been a rocky one. Musk first began flirting with the idea of owning Twitter in early April, when he bought 9.2% of the company for $3 billion. But he didn’t stop there. Less than ten fateful days later, the Tesla and SpaceX CEO declared his intent to buy Twitter for $44 billion. T …
