Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard

Billionaire Elon Musk completes Twitter takeover - and fires top execs

Elon Musk is now in charge of Twitter and has ousted its top three executives.Sources on Thursday night (early Friday morning UK) would not say if all the paperwork for the deal, originally valued at 44 billion dollars (£38 billion), had been signed or if it had been closed.

However they said the South Africa-born entrepreneur was in charge of the firm and had dismissed chief executive Parag Agrawal, chief financial officer Ned Segal and general counsel Vijaya Gadde.

The billionaire appeared to confirm media reports of his takeover, tweeting shortly before 5am (UK time) on Friday: “the bird is freed”.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.