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There have been numerous developments regarding Twitter over the past few days, with indications that Elon Musk would, in fact, be completing his acquisition of the company:
- Musk reportedly plans to reduce the workforce by as much as 75 percent.
- The company’s workers sent an “open letter,” stomping their feet and listing their demands.
- On Wednesday, Musk entered the building, sink in tow.
- Thursday morning, he set forth his expectations for the site for advertisers.
Thursday evening, CNBC’s David Faber reported that Musk is now officially in charge and the company’s CEO and CFO have left the building — for good.
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.
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Elon Musk is now in charge at Twitter. I’m told former CEO @paraga and CFO @nedsegal have left the company’s HQ and will not be returning as the Musk era begins.
— David Faber (@davidfaber) October 28, 2022
Musk’s Twitter profile now refers to him as “Chief Twit.”
Buckle up!
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