AP sources: Musk in control of Twitter, ousts top executives

AP sources: Musk in control of Twitter, ousts top executives

Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night. A few hours later, Musk tweeted, “the bird has been freed,” a reference to Twitter’s logo.

The people wouldn’t say if all the paperwork for the deal, originally valued at $44 billion, had been signed or if the deal has closed. But they said Musk is in charge of the social media platform and has fired CEO Parag Agrawal, CFO Ned Segal and Chief Legal Counsel Vijaya Gadde. Neither person wanted to be identified because of the sensitive nature of the deal.

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