Elon Musk now in charge of Twitter, CEO and CFO have left, sources say
SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022.
Adrees Latif | Reuters
Tesla CEO Elon Musk is now in charge of Twitter, CNBC’s David Faber reported on Thursday.
Twitter CEO Parag Agrawal and chief financial officer Ned Segal have left the company’s San Francisco headquarters and will not be returning.
Musk had until Friday to complete his $44 billion acquisition of Twitter or face a court battle with the company.
The billionaire also wrote a message on Thursday intended to reassure advertisers that social messaging services wouldn’t devolve into “a free-for-all hellscape, where anything can be said with no consequences!”
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk said in the message. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”
Musk arrived at the Twitter headquarters earlier this week carrying a sink, and documented the event on Twitter, saying “Entering Twitter HQ – let that sink in!”
This story is developing, please check back for updates.