Elon Musk’s billion-dollar acquisition of Twitter currently known as X still remains a very interesting topic. Considering all the ups and downs of it, Musk moving back from his bid initially before having to eventually pay the amount decided the whole situation had been a very interesting one to see.
Musk instantly fired not just the former CEO Parag Agrawal after the takeover but also almost half of the employees along with the many decisions he took over the course of the years leading to a rapidly decreasing valuation of the micro-blogging site are very fascination points.
Now, in recent news, reports claim that a book coming out soon believes that Elon Musk’s path to the takeover started due to a pretty random reason.
What Does The Book Reveal?
An investigative book called “Battle for the Bird,” by Bloomberg takes a closer look at the infamous takeover of Twitter now X by Elon Musk and how it affected the business and the power dynamics within it.
The book is releasing on 20th February and is written by Kurt Wagner, a Bloomberg reporter. According to reports, an excerpt from the book reads “Musk had also unsuccessfully petitioned Agrawal to remove a Twitter account that was tracking his private plane; the billionaire started buying Twitter shares shortly after Agrawal denied his request.”
Apparently, as per the book, the reason Musk started to look into acquiring Twitter is because then CEO Parag Agrawal refused to delete an account run by a college student that would essentially track the private jets of influential people like Elon Musk, Taylor Swift and more.
Read More: Twitter Drops To $20 Billion From $44 Billion In 5 Months Since Elon Musk Bought It, What Happened?
As per reports, the book claims that Musk had asked Agrawal to suspend an account going by the handle @ElonJet. The account was created and handled by Jack Sweeney a 21-year-old college student and would have the user track Musk’s private jet usage from information available publicly.
The Tesla CEO is not the only one whom Sweeney would track and the list includes ex-US President Donald Trump, Microsoft’s Bill Gates, Amazon’s Jeff Bezos, and musician Taylor Swift who reportedly also threatened to take legal action against him recently.
Once Musk took over Twitter in October 2022 for a whopping $44 billion he made a lot of decisions for the platform, most of which have not gone down very well in terms of user satisfaction or revenue generation, he not only laid off over half of the workforce but also suspended Sweeney’s Twitter account along with other journalists.
When Agrawal denied Musk’s request to ban the account, Musk in turn started to buy Twitter stock which eventually had him connecting with co-founder Jack Dorsey.
Soon he started to seek a seat on the company’s board of directors and when that did not lead to anything Musk went straight to purchasing Twitter a move that was reportedly encouraged by Dorsey.
Image Credits: Google Images
Sources: Firstpost, Hindustan Times, Business Insider
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This post is tagged under: Parag Agrawal, elon musk twitter takeover, Elon Musk, elon musk twitter, Elon Musk twitter news, elon musk twitter rebrand, Twitter, twitter name change, Bloomberg book, Bloomberg book elon musk twitter, Battle for the Bird, Battle for the Bird book
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