Elon Musk officially acquires Twitter (for real)
It’s finally done. Finished. Complete. There’s no going back now. Elon Musk, CEO of Tesla and SpaceX, now officially owns Twitter. The deal closed at the original agreed upon price of $44 billion, or $54.20 per share. The billionaire was able to secure $12.5 billion in loans from the banks for his acquisition. Other investors, […]
Elon Musk is reportedly now officially in charge at Twitter, fires top execs
Elon Musk is reportedly now officially in charge of Twitter, setting the scene for the platform’s looming descent into a microblogged reenactment of Lord of the Flies. And apparently he’s already started cleaning house. According to CNBC’s David Faber, Twitter CEO Parag Agrawal and CFO Ned Segal have left the company’s headquarters in San Francisco […]