Tesla CEO Elon Musk reportedly took over Twitter and removes Parag Agrawal after he refused to ban an account.
According to a further report, Musk removed CEO Parag Agrawal due to Agrawal’s refusal to block a Twitter account tracking Musk’s movements.
The account, ‘ElonJet’, was maintained by American programmer Jack Sweeney to monitor Musk’s carbon footprint.
Musk’s interaction with Twitter, including Agrawal’s dismissal, was influential in his decision to purchase the platform for $44 million in October 2022.
There have been a lot of speculations about what led to Elon Musk’s acquisition of Twitter. However, turns out the reasons why he took over Musk were more personal than professional.
A new report has claimed that Musk dethroned Parag Agrawal, who was the CEO of the company when Musk took over because he refused to ban an account, who was reportedly troubling Musk.
In a recent revelation from an upcoming book titled “Battle for the Bird” by Bloomberg’s Kurt Wagner, it has been disclosed that Elon Musk’s decision to fire Parag Agrawal, the former CEO of Twitter, stemmed from Agrawal’s refusal to block a social media account tracking Musk’s movements two years ago.
The book, set to be released on February 20, delves into Twitter’s corporate history, including Musk’s takeover in 2022 and its significant cultural impact. According to excerpts, Musk had urged Agrawal to ban “ElonJet,” a Twitter account maintained by American programmer Jack Sweeney, which monitored Musk’s carbon footprint. Agrawal’s refusal allegedly prompted Musk to purchase Twitter stock and eventually acquire the company, leading to Agrawal’s dismissal.
Reports from early 2022 indicate that Musk had initially offered Sweeney $5,000 to cease his tracking activities, which Sweeney countered with a request for $50,000 or an internship. Despite media attention, Musk decided against paying Sweeney and instead blocked his personal Twitter account.