Elon Musk has successfully closed a $44 billion deal to acquire the social media platform Twitter.
The world’s richest man, Elon Musk, sacked three top executives, including the CEO Parag Agrawal, in one of his first moves at the helm of the social media behemoth, according to reports, on Thursday.
Chief financial officer, Ned Segal and head of legal, policy, and trust, Vijaya Gadde were reportedly also let go.
The firings have not yet been confirmed by Musk or Twitter.
Tesla’s CEO has stated that, while limiting censorship, he also wanted to fight spam bots on Twitter, make the algorithms that decide how information is exposed to users public, and stop the social media site from turning into an echo chamber for hate and division.
The conversation about free speech in the digital era has been sparked by Musk’s interest in the platform. While many conservatives have hailed the takeover as a corrective to Big Tech’s censoring of politically incorrect views, detractors have expressed concerns that Musk’s reign could imply broad slather for hate speech and misinformation.
Musk, a “free speech absolutist” who calls himself such, has criticised Twitter’s moderation practices and opposed censorship that goes beyond what is required by law. Musk declared in May that he would restore former US President Donald Trump’s Twitter account, which had been suspended for allegedly inciting violence after the rioting at the US Capitol on January 6.
Musk, who had changed his Twitter bio to “Chief Twit,” rejected any plan to convert Twitter into a “free-for-all hellscape” in a lengthy message shared on the social media platform on Friday before the purchase deadline.
A common digital town square where a wide range of opinions can be argued in a healthy manner, without resorting to violence, is crucial for the continuation of civilization, he said, which is why he bought Twitter.
Musk, who has positioned himself as a moderate, frequently offers political commentary and has drawn criticism for his unconventional suggestions for resolving international flashpoints, like Taiwan and Ukraine.