Elon Musk intends to take the helm of Twitter Inc. and reverse life bans

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Elon Musk intends to take the helm of Twitter Inc. after completing his $44 billion acquisition, in addition to leading Tesla Inc. and SpaceX.

Musk intends to replace Parag Agrawal, who was fired along with other major executives following the completion of the takeover, according to a person familiar with the matter who requested anonymity to discuss internal deliberations. Musk also intends to do away with permanent user bans because he does not believe in lifelong prohibitions, according to the source. That means people who were previously kicked off the platform, including former President Donald Trump, may be allowed to return, according to the source. It’s unclear whether Trump will be allowed to return to Twitter in the near future.

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Elon Musk intends to take the helm of Twitter Inc. and reverse life bans

Elon Musk intends to take the helm of Twitter Inc. after completing his $44 billion acquisition, in addition to leading Tesla Inc. and SpaceX.

Musk intends to replace Parag Agrawal, who was fired along with other major executives following the completion of the takeover, according to a person familiar with the matter who requested anonymity to discuss internal deliberations. Musk also intends to do away with permanent user bans because he does not believe in lifelong prohibitions, according to the source. That means people who were previously kicked off the platform, including former President Donald Trump, may be allowed to return, according to the source. It’s unclear whether Trump will be allowed to return to Twitter in the near future.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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