This article covers 5 changes in Twitter after Elon Musk’s takeover. Elon Musk’s acquisition of Twitter began on April 14, 2022, and ended on October 27, 2022. Elon Musk began purchasing shares of Twitter, Inc., in January 2022, eventually becoming the company’s largest shareholder with a 9.1 percent ownership stake in April.
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5 changes in Twitter after Elon Musk’s Takeover
Here is all the information you require regarding all the changes in Twitter after Elon Musk’s Takeover and what he has stated he intends to do with the social media network.
1. Elon Musk became Sole directer
According to paperwork submitted to the US Securities and Exchange Commission (SEC) on Monday, Musk became “sole director” of Twitter following the completion of his $44 billion acquisition of the firm last week. Later on Monday, the Tesla CEO tweeted that the agreement will be “temporary” without going into any detail.
2. Twitter verification will cost money: Charging $8 for a checkmark
Authentic public-interest accounts on Twitter display the blue Verified symbol. November 29th has been chosen by Elon Musk as the new date for the reintroduction of Twitter Blue’s paid verification. The company halted the launch and stopped new sign-ups after the website was hijacked by pranksters and scammers pretending to be famous people, brands, and other high-profile accounts. The revised date was announced just a few days after that.
3. Celebrities Walked
Many celebrities were not pleased with Elon Musk’s takeover. Several celebrities have announced their intention to leave or take a break from Twitter now that Elon Musk has taken over the social media platform following his $44 billion acquisition of the company.
A few well-known names were recorded, including Sara Bareilles, Toni Braxton, and Mick Foley, to name a few.
4. Top Executive were sacked
According to the persons, the chief executive officer Parag Agrawal, the chief financial officer Ned Segal, and the head of legal policy, trust, and safety Vijaya Gadde were all fired. One of the people claimed that Sean Edgett, the firm’s general counsel, had also been fired.
5. Content monetization and long-form writing
The Tesla billionaire appears to have plans to enable users to write long-form content on the platform and to assist them in monetizing their content, even as an increasing number of advertisers appear to be disenchanted with Musk’s takeover of the platform.
It would be intriguing to watch how PayPal entrepreneur Elon Musk aims to give the social media platform a new direction, even though Twitter had its sights on many of the adjustments that Musk mentioned. Only time will tell if it succeeds like his purchase of Tesla or fails like many other audacious acquisitions in the past.
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