Musk likely to assume CEO role post Twitter takeover, might reverse life bans: Report
Elon Musk Twitter CEO
Bloomberg has reported that following the $44 billion takeover, Elon Musk is planning to fill in as Twitter CEO after firing Parag Agrawal, among other top executives. The publication reported that it might only be for a fixed time period and he will eventually give the position to someone else.
Musk completed the takeover a day before the legal deadline for finalising the deal. He went on to fire Agrawal, CFO Ned Segal and Vijaya Gadde, the head of legal policy, trust, and safety. Gadde was the one who had a few years back decided to ban former US president Donald Trump's account indefinitely. Sean Edgett, who had been the general counsel at the company since 2012 has also left.
Musk is reportedly also planning to reverse all life bans since he doesn't believe in lifelong prohibitions, Bloomberg reported a source as saying.If this happens, then several users who were banned by the platform earlier might be able to come back to Twitter. However, the report says that it is not clear if Trump would be allowed to return or not.
Twitter will now run as a private company with each shareholder being paid $54.20.
With the takeover finally over, the messy saga that has been in the news since early this year has come to an end. Musk had gathered a major stake in the company in January this year. He later talked about how the social media platform wasn't functioning well before ultimately showing interest in buying the company.
&im=FitAndFill=(700,400))
National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
)
India names 27 sites in Arunachal Pradesh
)
Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
&im=FitAndFill=(700,400))
How many soldiers operate one S-400 battery?
)
Shakib Al Hasan ready to return to Bangladesh—under one condition
)
‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
)
Rockstar to unveil GTA 6 extended look ahead of November launch
)
Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
)
Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
)
Technology transfer deal boosts India's defence manufacturing ambitions
)
Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
)
Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
)
'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
)
Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
)
Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
&im=FitAndFill=(700,400))
New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
)
Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
)
RSS says Gen Z protests reflect genuine distress
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
)
Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
&im=FitAndFill=(700,400))
Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
)
Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
)
New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
)
India officially names 27 places in Arunachal to counter China's renaming claims
)
Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
)
US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
&im=FitAndFill=(700,400))
Why the Su-30MKI is one of the heaviest fighters ever built
)
Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
)
Chilling video shows students take cover as teen opens fire at Thai school
)
Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
But things went south when he tried to back off from the deal later. He then again changed his mind after Twitter took legal action to force Musk to complete the deal.
Musk has been meeting with Twitter employees this week and is expected to address them on Friday.
Earlier, Musk reasoned that he bought Twitter to help humanity and wanted "civilisation to have a common digital town square". A day earlier, he walked into the company headquarters at San Francisco with a sink in his hand. Sharing it on Twitter, he wrote, "Let that sink in!"
(With inputs from agencies)
