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Reports: Elon Musk takes control of Twitter, immediately fires CEO

Reports: Elon Musk takes control of Twitter, immediately fires CEO

CBSN
Friday, October 28, 2022 11:38:01 AM UTC

Elon Musk has taken control of Twitter and ousted its CEO and at least two other top executives, according to numerous reports.

Two people familiar with the deal told The Associated Press Thursday night that CEO Parag Agrawal and Twitter's chief financial officer and top lawyer had been shown the door.

The sources wouldn't say if all the paperwork for the deal, originally valued at $44 billion, had been signed or whether the deal had closed. But they said Musk is in charge of the social media platform. Neither source wanted to be identified because of the sensitive nature of the personnel moves.

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