Elon Musk Takes , Ownership of Twitter, , Fires Top Executives.<br />Elon Musk Takes , Ownership of Twitter, , Fires Top Executives.<br />Musk finalized the $44 billion acquisition of the social media platform on Oct. 27.<br />Immediately after the sale was complete, the businessman tweeted, "the bird is freed.".<br />Despite proclaiming himself as a free speech absolutist, .<br />the Tesla and SpaceX founder has also stated that he doesn't want Twitter to become a platform for hate and division. .<br />Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences!, Elon Musk, Letter to Advisers, via Reuters.<br />Musk said that he purchased Twitter in order <br />"to try to help humanity, whom I love.".<br />He immediately fired Twitter Chief Executive Parag Agrawal, CFO Ned Segal and head of legal affairs and policy Vijaya Gadde.<br />Musk has named himself interim CEO.<br />Other layoffs of Twitter's 7,500 employees are likely to follow.<br />While many describe Musk's approach to running Twitter as vague.<br />'Bloomberg' did report that he will likely reverse any permanent bans on users that Twitter currently has in place.<br />Musk stated in May that he would reverse the ban on former President Donald Trump.<br />Trump was permanently banned after thousands of his followers stormed the U.S. Capitol on Jan. 6, 2021.<br />Upon entering Twitter's headquarters once the deal was finalized, Musk updated his Twitter profile description to read "Chief Twit."
