Musk buys Twitter: Immediately fires multiple top executives

Tesla CEO Elon Musk fired several Twitter executives after formally taking control of the company late Thursday, according to multiple reports.

CNBC’s David Faber reported late Thursday that Twitter CEO Parag Agrawal and CFO Ned Segal had “leaved” Twitter headquarters, “and they won’t be coming back as the Musk era is here.”

The move comes after Musk’s $44 billion deal to buy the company closed, a person familiar with the matter told The Washington Post.

Elon Musk told advertisers that Twitter won’t be a “free hellscape.”

They told the outlet that Agrawal and Segal, along with Vijaya Gadde, head of legal policy, trust and safety, were sent out of the building after being fired.

Musk’s acquisition and subsequent firing of his executives capped a months-long saga that began in April when Musk signed a deal to acquire Twitter. Musk pulled out of the deal in July after accusing the company of failing to provide enough information on bot accounts.

A legal battle ensued, culminating in a Delaware judge ordering an Oct. 28 deadline for the two sides to close the deal. Musk’s original proposal to buy Twitter for $44 billion. Twitter said it intends to close the deal after receiving an offer from Musk.

Twitter shares to be suspended on NYSE ahead of Musk buyout

Musk walked into the company’s San Francisco headquarters with a porcelain sink on Wednesday, changed his Twitter profile to “Chief Twit” and tweeted: “Enter Twitter HQ – let it sink! “

Earlier on Thursday, Musk said he bought the platform to help humanity and that he didn’t want it to be a “hellscape of free competition.”

“The reason I bought Twitter is that it is very important to the future of human civilization to have a common digital city square where beliefs can be debated in a healthy way without resorting to violence,” Musk wrote.