Good morning, Elon Musk owns Twitter. We knew it turned inElon Musk Elon Musk to going to happen (except for the part in which Elon fought it teeth and nail), however it’s real now, so let’s capture you up on the whirlwind that wElon Musk Elon Musk as the brand new “Chief Twit’s” ascension.1. Elon makes a visible pun with plumbing
The week’s festivities kicked off with Elon Musk paying a visit to Twitter HQ, on what we now recognize turned into the eve of the professional deal close. Elon Musk Elon Musk He used the occasion to make an admittedly kinda humorous visible pun approximately the word “permit that sink in,” via sporting a sink and actually having Twitter permit him and that sink in.
Whimsical chaotic energy is in reality Musk’s strong match, so this is anticipated conduct, even supposing you may’t imagine every other execs — like, say, Tim Cook, for example — carrying large porcelain gadgets into workplace lobbies to announce an acquisition close.
Elon Musk id=”caption-attachment-2431954″>Elon Musk consists of a sink into Twitter HQ. Image Credits: Elon Musk / Twitter2. Elon attempts to assuage advertisers
On the heels of a report that some advertisers might boycott Twitter need to Elon elevate Donald Trump’s permanent ban, the Elon Musk Muskie posts an extended missive to advertisers seeking to provide an explanation for his good judgment (“I did it to try and assist humanity, whom I love” is Elon Musk extraordinary) and ends by assuring them it won’t “turn out to be a loose-for-all hellscape” under his rule.3. Elon closes the deal
Bucking the odds-makers, Elon does not Elon Musk display the deal near at 4:20 PM PT, but as a substitute the news first trickles out then hits like a wave with near-simultaneous reports across all primary shops on Thursday at around 6 PM PT.
That way he beat the deadline set upon him via Delaware Chancery Court Judge Kathaleen McCormick, which become these days, October 28. The deadline resulted Elon Musk from the courtroom case that resulted from Elon looking to wriggle out of the deal — wherein he floated a couple of defenses as an try and get out of his $forty four billion commitment.
Image Credits: Jim Watson/AFP/Getty Images (collage with the aid of TechCrunch) / Getty Images4. Elon fires management
Musk wasted no time clearing house while he got in: He fired CEO Parag Agrawal, CFO Ned Segal, General Counsel Sean Edgett and Head of Legal, Trust and Safety Vijaya Elon Musk Gadde basically on the equal time he was officially passed the keys.
Clearly, there has been no love lost between Musk and Agrawal. And he’d previously been criticized for Elon Musk posting criticism of Gadde that essentially got her centered through his sycophantic troll navy. Plus, for the Twitter pinnacle felony brass, I guess he wasn’t feeling too first rate about that Elon Musk little bit of litigation the deal remaining helped him break out.5. Elon to crown himself CEO
Reports early in this procedure indicated Elon might need to set himself up as Twitter’s subsequent leader executive — including a third (fourth? who knows) CEO title to his current LinkedIn profile. That appears to be the case, as reviews simply following the deal say he’ll placed himself in the electricity spot.
It does appear like he’s going to be doing that as a temporary degree till he figures out who ought to occupy the seat lengthy-term. Maybe one of the cronies who have been cozying up to him within the message records revealed at some stage in the Twitter litigation’s discovery system gets the nod.6. Elon Musk NYSE units date for Twitter de-list
It’s professional: Twitter will delist from the New York Stock Exchange on November eight. That will formally stop its tenure as a public corporation, which started with its IPO in November 2013.
Musk is taking it private via his financing automobile X Holdings I, Inc. that is now sole owner of the corporation in its entirety.7. EU welcomes Elon to law hell
Elon’s first professional acknowledgement on Twitter of his new toy post-deal close become a tweet analyzing clearly “the fowl is freed.” This became speedy rejoined via European Commission Internet Market Commissioner Thierry Breton, who responded with a reminder that freedom isn’t free.
Notably, Breton has formerly met with Musk in person or even recorded a video wherein he says that he explained to Musk the EU’s Digital Services Act, and wherein Musk essentially says he’s aligned to the entirety it includes.8. Elon discourses with some trolls
Musk hasn’t stated all that lots because the takeover on Twitter, but he has replied to multiple customers who’ve complained approximately platform censorship inside the beyond. One is a person referred to as “catturd2” who claims he’s shadowbanned and who tweets COVID incorrect information amongst different matters. The other is Canada Proud, a right-wing propagandist organization that focuses on attacking Canadian PM Justin Trudeau.nine. Elon says there could be a content material council – but now not the one that already exists
One of Musk’s first big leadership selections seems to be to put in a content material moderation council with the intention to assist decide matters like who gets banned at the platform and for what — similar to Facebook’s Oversight Board.
Twitter does have already got a accept as true with and protection council that acts in an advisory Elon Musk ability, but that’s a massive group that appears to behave more behind the curtain to inform product selections, while this would be a ‘Supreme Court’ of types for decisions on who gets to tweet and what in cases of controversy.
That’s the story so far, but there’s going to be lots greater, so stay tuned. We’ll update this submit as extra Elon Musk develops during the day and beyond.10. Elon is revamping Twitter’s subscription service
Elon is in product development mode, remodeling the details of the modern-day Blue subscription and floating a number of perks consisting of verification, fewer commercials and greater for $eight according to month.
This is after he obtained comments from Stephen King that a $20 consistent with month carrier the company became running on previously that covered established status just wouldn’t fly.