Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

News

Elon Musk Has Finally Bought Twitter: A Timeline Of The Twists And Turns

A collage shows timeline moments in Musk's acquisition of Twitter
(NPR)
Before you read more...
Dear reader, we're asking you to help us keep local news available for all. Your financial support keeps our stories free to read, instead of hidden behind paywalls. We believe when reliable local reporting is widely available, the entire community benefits. Thank you for investing in your neighborhood.

Elon Musk has added Twitter to his long list of companies, which includes Tesla and SpaceX.

The billionaire's purchase of Twitter was finalized Thursday, a day before a court-ordered deadline, according to a source close to the deal. He immediately fired key executives, including CEO Parag Agrawal, in a clear sign that he wants to overhaul the social media company. Twitter's chief financial officer, top lawyer, and head of public policy were also dismissed.

A day earlier, Musk had renamed himself "Chief Twit" on his Twitter bio page. Musk has vowed to overhaul Twitter's business model, take it private and loosen rules against harassment, abuse and misleading claims.

Musk and Twitter had been locked in a months-long legal battle after he got cold feet about going through with the deal. But just days before they were set to go to trial, Musk surprised everyone by saying he'd buy Twitter after all.

Support for LAist comes from

Here's a real-time account of the twists and turns:

What questions do you have about Southern California?
  • Copyright 2022 NPR. To see more, visit npr.org.