Elon Musk has taken control of Twitter.
The mega-billionaire’s $44 billion deal to acquire Twitter — following a six-month saga during which Musk tried to back out of the pact and Twitter sued to enforce the terms of his buyout — officially closed Thursday, as first reported by CNBC and followed by multiple reports. The world’s richest individual immediately fired several senior execs, including CEO Parag Agrawal; CFO Ned Segal; Vijaya Gadde, Twitter’s head of legal, policy and trust, and safety; and general counsel Sean Edgett, the New York Times reported.
Representatives for Twitter did not respond to requests for comment. Musk, who currently has more than 110 million followers on Twitter, has not directly commented on the deal closing. His takeover ends Twitter’s nearly nine-year run as a publicly traded company, after it went public in November 2013.
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