The Washington PostDemocracy Dies in Darkness

Elon Musk takes over Twitter

Elon Musk in 2020. (Brendan Smialowski/AFP/Getty Images)

Elon Musk has taken over Twitter, seizing control of one of the most influential social media platforms in a $44 billion blockbuster deal.

“Let the good times roll,” he tweeted Friday.

Changes to the company were immediately visible — Twitter stock stopped trading Friday, several top executives were fired and some anonymous trolls were emboldened to spew hate on the site.

But Twitter employees still had not heard from the company’s new owner on Friday. Musk has replied to a couple of posts on Twitter about his ownership, but hasn’t said much publicly.

Elon Musk closes Twitter deal and fires top executives

Here’s what to know

  • Musk, a prolific Twitter user, is finally in control of the site with which he has a love-hate relationship. The Tesla and Space X CEO has amassed a following of more than 110 million in a venue that can sometimes land him in trouble.
  • The New York Stock Exchange filed to delist Twitter’s stock Friday. Musk is taking the company private, and shareholders will get $54.20 per share.
  • Musk tweeted that he will form a council “with widely diverse viewpoints” that will consider content moderation. There has been speculation Musk could loosen the site’s content moderation policies after taking over.
Press Enter to skip to end of carousel

Here's what to know:

Musk, a prolific Twitter user, is finally in control of the site with which he has a love-hate relationship. The Tesla and Space X CEO has amassed a following of more than 110 million in a venue that can sometimes land him in trouble.
The New York Stock Exchange filed to delist Twitter’s stock Friday. Musk is taking the company private, and shareholders will get $54.20 per share.
Musk tweeted that he will form a council “with widely diverse viewpoints” that will consider content moderation. There has been speculation Musk could loosen the site’s content moderation policies after taking over.

1/3

End of carousel
Loading...