As we all know, Musk and Twitter acquisition case has been tug-of-war for half a year. Musk changed his mind twice in three days. Sometimes he said he wanted to buy it, sometimes he said he would not buy it, sometimes he said he would buy it at the original price, and then he said he would buy it with a pool to scare people after that. (Click this review)......
At the end of Thursday, the scene finally came to a finale. Many media broke the news that the transaction had been completed and Twitter officially changed hands, and in the future, it would be " surnamed Ma".
Musk's recent Twitter also confirmed this news:
"The bird is free!"
This little bird is naturally a little blue bird, Twitter.
At the same time, Musk's Twitter profile has also been changed to "Twitter Boss".
It is said that new officials have made three shots in office.
The first shot Musk pointed was to fire people drastically:
CEO Parag Agrawal, Director of Law, Policy and Trust Vijaya Gadde, Chief Financial Officer Ned Segal, General Counsel Sean Edgett, all of them were fired by him...
But these people were not in vain. The "change of control" clause in the executive contract guarantees that they can get a very generous severance fee .
According to regulatory documents, the one I get the most is CEO Parag Agrawal. Including his shares and other mixed interests, he can get a total of US$38.7 million (about RMB 280 million),
As for the remaining few, he can get at least more than 11.2 million......
The problem is that he has laid off so many people, what should he do if Twitter operates next?
Musk decided to take office as CEO, at least for a while during the transition period when he took over. It is uncertain whether he will continue to be the leader in the future.
Someone insiders said that he may delegate power in the future, but Twitter did not respond to media questions.
In this way, Musk is the CEO of three companies: SpaceX, Tesla and Twitter.
However, he has always scoffed at these titles. He believes that these titles are "fictional" and have no practical significance. For this reason, he also modified his titles in practice.
Take Tesla for example. His title in legal documents is "TechnoKing (King of Technology)" rather than CEO, just to mock these names without meaning...
So his future title on Twitter may really be called "Twitter Boss"..
For Musk, even if this matter came to an end, he could be said to have a lot of fun. On Wednesday, he brought a sink to the Twitter headquarters to demonstrate.
On the other hand, the fate of Twitter employees is more confusing.
You know, he had previously said that he would lay off 75% of Twitter employees,
Now the executives have stepped down, and the next batch of those who suffer may be ordinary employees......
On Friday, he will hold a meeting of all employees, and the fate of these employees is expected to be decided at this meeting.
However, he should not be that anxious. According to people familiar with the matter, he spoke to employees when he appeared at the Twitter headquarters on Wednesday, saying that he did not intend to take over the massive layoffs at the beginning.
On that day, he was surrounded by the stars of the employees. Judging from the expressions of these employees, the atmosphere did not seem to be very tense.
In short, the future direction of Twitter will be entrusted to Musk. It is unknown what Twitter will become in his hands.
But there is one thing that can be determined, that is, the , which has been blocked, Trump , will most likely return.
Musk had said earlier that he hoped to ensure "freedom of speech" on Twitter, so he did not support the permanent account ban operation.
In May this year, he also said that banning Trump's account was "morally wrong" and "extremely stupid".
Trump has not responded yet, but some moves faster than him, that is, Twitter's funders and advertisers.
Currently, Kieley Taylor, head of global partners at GroupM GroupM (a large advertising company in the United States), said that the return of Trump is an insurmountable red line for some brands.
She has already contacted her with more than a dozen customers with a series of well-known consumer brands, saying that if Trump’s account is restored, she will suspend advertising on Twitter, and
Other customers are still on the stand-by and watch. Once Trump returns to Twitter, she should receive more letters.
For Musk, this is somewhat unfavorable, and where will he lead Twitter in the future, let's wait and see...
