Elon Musk‘s acquisition of Twitter (NYSE: TWTR) began on a brutal note on Thursday with the firing of its top executives with immediate effect. Musk fired Twitter CEO Parag Agrawal, CFO Ned Segal, and legal affairs and policy chief Vijaya Gadde, according to a Reuters report.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Musk tweeted after completing the $44 billion acquisition, “the bird is freed” in an apparent reference to the social media giant’s bird logo and Musk’s desire for free speech on the platform.

The billionaire further explained in another tweet that currently, there is a danger that social media could be split into “far right wing and far left wing echo chambers that generate more hate and divide our society.”

He added, “Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences!”

