Elon Musk’s Purge BEGINS – Here Are The First Names!

Elon Musk Begins Purge of Twitter's Top Brass

Elon Musk Begins Purge of Twitter’s Top Brass

(UnitedVoice.com) – Twitter finally belongs to Elon Musk. After months of back and forth, a lawsuit, and lots of drama, the deal closed for the purchase of the social media platform. The billionaire promised to make major changes at the company when he took over. He said his goal was to make it a safe haven for speech.

Now that the sale has gone through, Musk has already started making good on his promise.

Big Changes

On Thursday, October 27, Musk and Twitter finalized the purchase, and Musk officially took control. Multiple reports indicated the new social media platform owner immediately fired the head of legal, policy, and trust, Vijaya Gadde, CEO Parag Agrawal, and CFO Ned Segal. Fortune reported the company might have to pay severance packages totaling $122 million. A May SEC filing shows the details of each executive’s severance package based on their salaries and other factors.

On Friday, Twitter notified the New York Stock Exchange that it would no longer be listing its shares. The Exchange will delist the company on November 8, according to a new filing with the US Securities and Exchange Commission. Musk’s subsidiary X Holdings II, Inc. now owns all of the stock for the platform. It’s unclear what direction the billionaire plans to take the company, but reports indicate his investors will likely begin pressuring him to optimize company profits.

Reactions

Musk’s completion of the platform acquisition thrilled Conservatives. They have long complained of allegedly unfair treatment by social media companies. The billionaire previously indicated he would make the social media platform more friendly to all opinions. In May, Musk told the Financial Times he would reverse former President Donald Trump’s ban.

The Right celebrated the takeover.

Liberals, however, weren’t feeling quite the same way. Claire McCaskill, a former US senator, declared she would leave the platform if Musk starts allowing “misinformation” to thrive.

A “deleting Twitter” search turned up dozens of people declaring that they planned to drop the social media platform. The blue checkmarks were largely not among those who were making the promise. Nonetheless, Lifehacker was kind enough to instruct anyone who suddenly decided they no longer wanted to be part of the network.

Do you intend to keep your Twitter account?

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