Twitter CEO Releases Statement Suggesting Company Preparing That Musk May Not Take Over

Twitter CEO Releases Statement Suggesting Company Preparing That Musk May Not Take Over


Twitter CEO Parag Agrawal suggested that the company is making staffing changes in anticipation that the $44 billion deal to be acquired by Elon Musk may fall through.

Agrawal’s statement comes after the company parted ways yesterday with Kayvon Beykpour, Twitter’s general manager, and Bruce Falck, Twitter’s general manager for revenue.

“Some have been asking why a ‘lame-duck’ CEO would make these changes if we’re getting acquired anyway,” he wrote. “While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter. I’m accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.”

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Agrawal’s remark about being a “lame duck” CEO comes as Musk is expected to be the company’s CEO

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