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Elon Musk Now Owns Twitter. How Did We Get Here?

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October 28, 2022

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Twitter Inc. Chief Executive Officer Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network, according to people familiar with the matter.

Also leaving are Vijaya Gadde, the head of legal, policy and trust; Chief Financial Officer Ned Segal, who joined Twitter in 2017; and Sean Edgett, who has been general counsel at Twitter since 2012, according to people familiar with the matter, who declined to be named because the information isn’t public.

Twitter didn’t immediately respond to a request for comment.

Agrawal stepped into the CEO role in November, when co-founder Jack Dorsey unexpectedly resigned. Agrawal had been at Twitter for almost a decade, most recently as chief technology officer, but his run as CEO was quickly disrupted by Musk’s arrival as a major shareholder and increasingly vocal antagonist of its current leadership.

After Musk showed up, it became clear that Agrawal was unlikely to keep his job. “I don’t have confidence in management,” Musk said in one early filing about the deal, and the two executives exchanged some public swipes. In May, Musk replied to a Twitter thread from Agrawal defending the company’s user metrics by tweeting back a poop emoji.

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Elon MuskVijaya GaddeSean EdgettJack DorseyAfter MuskIn May MuskQuicktake Explained Bloomberg QuicktakeBloomberg Quicktake

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Elon Musk Now Owns Twitter. How Did We Get Here? · Bloomberg News · Sentinel