Elon Musk’s Biography Reveals Reason For Firing X CEO Parag Agrawal After $44B Deal – News18

When Elon Musk took management of X (previously Twitter) in a $44 billion deal final 12 months, considered one of his preliminary selections was to dismiss X’s high management—together with then-CEO Parag Agrawal and others like Vijaya Gadde. Until lately, the explanations behind Elon Musk’s determination to half methods with Agrawal remained unclear. However, because of Musk’s biography, written by Walter Isaacson, it has been revealed that Musk sought a “fire-breathing dragon” because the Twitter CEO, and, per Musk, Parag Agrawal didn’t match that function.

Musk’s upcoming biography, titled ‘Elon Musk,’ is scheduled for launch on September 12—the identical day when the brand new iPhone 15 sequence launches. Authored by Walter Isaacson, the guide will get into the lifetime of the billionaire founding father of quite a few firms—together with SpaceX, and his journey to accumulate and handle X (Twitter).

According to The Wall Street Journal, which shared an excerpt from the biography, Musk was fairly opinionated about Parag Agrawal earlier than and after buying Twitter. In ‘Elon Musk,’ Musk is quoted as saying, “He is a really nice guy, but managers should not aim to be liked. What Twitter needs is a fire-breathing dragon, and Parag is not that.”

After changing into the brand new CEO of X in 2022 and changing into the ‘chief twit,’ Musk was important of X’s efforts to limit free speech on the platform. He even stated that the ‘bird is freed’ following his acquisition of Twitter and the dismissal of Parag Agrawal and others.

As for Walter Isaacson, his X account means that he has been accompanying Musk to the X headquarters for some time now. “At the Twitter headquarters’ coffee bar, ⁦@elonmusk⁩,” Isaacson posted on X on October 27, 2022. Since then, Isaacson has often shared content material associated to Musk on X. Notably, Walter Isaacson has additionally written biographies for different extremely profitable individuals together with Apple founder Steve Jobs as effectively.

Following the termination of Parag Agrawal—as talked about earlier—Musk assumed the function of CEO at X and made a sequence of selections, some controversial and others that have been fairly appreciated by customers. And it was solely in June that Musk appointed Linda Yaccarino, a former NBCUniversal government, as the brand new CEO of X.