Elon Musk, CEO of Tesla and SpaceX, completed his $44 billion acquisition of Twitter.
Musk met with engineers and executives at Twitter’s San Francisco headquarters on Wednesday.
At least four senior Twitter executives, including the CEO and chief financial officer, were fired after Musk finalized the deal.
Musk also promised other significant changes at Twitter, such as new leadership, job cuts, and the search for new revenue streams.
Musk started acquiring shares in the company this year. He is one of Twitter’s most active users and has more than 109 million followers. In April, he struck the deal to buy the company for $44 billion and said he would lift Twitter’s content moderation policies, eliminate spam, add new features, and provide more transparency about the algorithms used to promote content.
The “free speech absolutist,” as he refers to himself, said he wants to open up the social media platform to all kinds of commentary.
