Elon Musk Fires Twitter's Top Execs After Taking Control In Tumultuous $44B Deal

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SpaceX And T-Mobile Hold Joint Event In Texas
SpaceX founder Elon Musk walks on stage during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. The two companies announced plans to work together to provide T-Mobile cellular service using Starlink satellites. (Photo by Michael Gonzalez/Getty Images)
CEO Parag Agrawal was let go, along with two other executives, sources have shared.

"The bird is freed," Elon Musk tweeted on Thursday (October 27) night, seemingly acknowledging his new ownership of Twitter after navigating through a rocky $44B deal that made headlines for most of this year, and was due to go to trial if left unresolved.

As CNN reports, the Tesla owner's entrance into the company came with a few dramatic exits – namely from CEO Parag Agrawal, as well as CFO Ned Segal, policy head Vijaya Gadde, and general counsel Sean Edgett – all of whom were said to have been fired by Musk, according to sources familiar with the deal.

It's been noted that Twitter has declined to comment on its sudden change in leadership, and the South African appears to be putting his time and attention into deciding on a new logo for the social media app, which he had social media users vote on yesterday.

Aside from some potential design changes, Musk has also made it clear that he intends to turn the platform into a space that takes a maximalist approach to "free speech" by restructuring the current content moderation policies.

The engineer has previously spoken about his disdain for the app's current policy of permanently banning users to violate its rules, and if he goes through with his decision to loosen restrictions, it's possible that figures such as former President Donald Trump could be welcomed back on the platform.

Just a few days prior to finalizing the deal, Musk shared an open letter to Twitter advertisers, explaining that his goal isn't to create a "free-for-all-hellscape where anything can be said with no consequences."

It remains unclear exactly what the future holds for the social media platform, but as CNN points out, if Trump is allowed to return, it could have an interesting impact on the forthcoming U.S. midterm elections, as well as his 2024 Presidential campaign.

What are your predictions for Elon Musk's Twitter reign? Sound off in the comments below, and tap back in with HNHH later for more pop culture news updates.

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About The Author
Hayley Hynes is the former Weekend Managing Editor of HotNewHipHop, she stepped down after two years in 2024 to pursue other creative opportunities but remains on staff part-time to cover music, gossip, and pop culture news. Currently, she contributes similar content on Blavity and 21Ninety, as well as on her personal blog where she also offers tarot/astrology services. Hayley resides on the western side of Canada, previously spending a year in Vancouver to study Fashion Marketing at Blanche Macdonald Centre and Journalism at Mount Royal University in Calgary before that. She's passionate about helping others heal through storytelling, and shares much more about her life on Instagram @hayleyhynes.
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