"Elon musk is quite the ENTREPRENEUR, He is ALREADY the owner of tesla, space x, As well at Neuralink and The boring company. Lets explore how he added Twitter to that COLLECTION." --Cb omand, 7th grade
Elon Musk has gotten himself into quite the pickle. In April, Musk offered a whopping $44 billion dollars for the social media platform, Twitter. Later in July he tried to take back the offer, not wanting to pay for it anymore. “Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker's quarterly report. The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal,” says Reuters.
Recently, on October 4th, Musk said he would continue with the offer after Twitter attempted to sue Musk. The two sides were set to face off in trial, but to avoid going to court, Musk put his original offer back on the table. ”Elon Musk has offered to proceed with a deal to buy Twitter at the price he proposed months ago before trying to call it off,” The Washington Post reported.
”Legal experts say Musk’s willingness to close the deal suggests that he may have realized that he was in a weaker position than he wanted to be going into the trial” says The Washington Post. The Delaware judge that was overseeing the case put a pause on the lawsuit and then gave Musk until October 28th to close the case.
On October 27th, the case was closed, and Musk was in control of Twitter. After closing the deal, Musk posted a video of himself carrying a sink into Twitter's San Francisco headquarters, with the caption, “Entering Twitter HQ - let that sink in!”
And later posed, “the bird is freed.” in reference to the Twitter logo. Since closing the deal, Musk has fired many of Twitter's top executives, including, Parag Agrawl, former chief executive, and Bret Taylor, former chairman of the Board.
With the threat of a layoff looming over their heads, Twitter employees are being totally overworked. “Musk’s $44 billion purchase of the social-media platform went through on Thursday evening, but concerns about layoffs at the company have been swirling since well before that. It remains unclear how many staff will be laid off and when, as well as which teams will be most affected,” says Insider. The same article talks about how many Twitter managers have told their staff to work 12-hour shifts, 7 days a week. Together that totals around 84 hours a week. This is all to keep up with Musk's tight deadlines.
Musk has been and will continue to hold layoffs over Twitter employees' heads. There have been rumors swirling around about Musk laying off over 50% of the company. We have to keep a lookout for that. But there you have it, Elon Musk has officially taken over Twitter, continuing his “take over the world” plan.
Recently, on October 4th, Musk said he would continue with the offer after Twitter attempted to sue Musk. The two sides were set to face off in trial, but to avoid going to court, Musk put his original offer back on the table. ”Elon Musk has offered to proceed with a deal to buy Twitter at the price he proposed months ago before trying to call it off,” The Washington Post reported.
”Legal experts say Musk’s willingness to close the deal suggests that he may have realized that he was in a weaker position than he wanted to be going into the trial” says The Washington Post. The Delaware judge that was overseeing the case put a pause on the lawsuit and then gave Musk until October 28th to close the case.
On October 27th, the case was closed, and Musk was in control of Twitter. After closing the deal, Musk posted a video of himself carrying a sink into Twitter's San Francisco headquarters, with the caption, “Entering Twitter HQ - let that sink in!”
And later posed, “the bird is freed.” in reference to the Twitter logo. Since closing the deal, Musk has fired many of Twitter's top executives, including, Parag Agrawl, former chief executive, and Bret Taylor, former chairman of the Board.
With the threat of a layoff looming over their heads, Twitter employees are being totally overworked. “Musk’s $44 billion purchase of the social-media platform went through on Thursday evening, but concerns about layoffs at the company have been swirling since well before that. It remains unclear how many staff will be laid off and when, as well as which teams will be most affected,” says Insider. The same article talks about how many Twitter managers have told their staff to work 12-hour shifts, 7 days a week. Together that totals around 84 hours a week. This is all to keep up with Musk's tight deadlines.
Musk has been and will continue to hold layoffs over Twitter employees' heads. There have been rumors swirling around about Musk laying off over 50% of the company. We have to keep a lookout for that. But there you have it, Elon Musk has officially taken over Twitter, continuing his “take over the world” plan.