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Acquired Twitter for $44 Billion:
Musk has decreed that an employee who does not come to the office will be assumed to have resigned. Elon Musk is also worried about the company’s finances amid all the changes. According to a report, in a meeting with employees, Musk said that the possibility of bankruptcy of Twitter cannot be ruled out. Importantly, Musk bought Twitter two weeks ago for $44 billion. It was then that many credit experts said that this expensive deal would directly affect Twitter’s financial position.
As soon as he became the owner of Twitter, Musk began to make many big changes. The biggest change is the addition of a paid feature to the Blue subscription. As soon as Musk pointed out Paid Blue Tick, he faced huge backlash on social media. One writer even used slurs for Musk while protesting Paid Blue Tick. At the same time, when Musk took over the reins of Twitter, he showed the way out to many high-ranking officials, including the CEO of Twitter, Parag Agarwal.