The CEO of Tesla Motors, Elon Musk, is reported to be the new owner of the popular bird app Twitter as he has finalized the move to buy Twitter after months of deliberation because Twitter failed to give him some information he needed.
Reports circulating on the internet indicate that the deal to buy Twitter by Elon Musk has been finalized and was sealed yesterday, Thursday with the amount of $44 million and he has already started a cleanup exercise to ensure that things are for the better under his leadership as the new owner of Twitter.
Elon Musk even before deciding to buy Twitter said he wants the bird app to be an ‘Everything App’ and we are waiting to see how he transformed the bird app now that he has taken over as the owner.
Twitter under Jack as of 2021 had an annual revenue of over $5 billion and about 200 million users but Elon Musk after taking over as the owner has made it clear to investors that Twitter under him will reach an annual revenue of $26.4 billion with over 930 million users by the year 2028 without explaining how he will do that according to apple insider.
Is Elon Musk The CEO Of Twitter?
Elon Musk is confirmed the new owner of Twitter but as to whether he is going to take over as the CEO or not, we can’t confirm that now. Reports by an insider say some top executives who were working under Jack left the Twitter building after everything was finalized and Elon Musk became the owner of Twitter.
We can’t tell if they were sacked by Elon Musk on his first day as the owner of Twitter or if they resigned due to their own reasons, but then it was reported that they were escorted out of the building by some security men.
So today, it’s confirmed that Elon Musk is the owner of Twitter but then whether he is going to be the CEO or not, we can’t tell for sure but we will update our cherished readers on any new development with respect to this.
Source: www.Ghgossip.com
