How Parag Agrawal forced Elon Musk to buy Twitter and walked away with $42 million after getting fired

After months of speculation of will he-wont he, Elon Musk finally closed the deal with Twitter and acquired the microblogging site. His first order of business was to clean house – his first act as the owner of Twitter, was to sack some of the top executives of the platform. This included CEO Parag Agrawal, CFO Ned Segal and General Counsel Vijaya Gadde.

In all of this drama, it seems Parag has emerged as the real hero, at least for Twitter and the people working there. It would be wise to remember that had it not been for Agrawal and his team, Elon Musk would have walked away from the deal, having tanked Twitter’s stock valuation.

Agrawal himself is walking away with a severance package that may be well over $42 million, just like other top executives who were fired. Reaslitcaly, there is no reason to feel bad for Agrawal and other top executives who were sacked.

When Jack Dorsey, Twitter’s former CEO gave up his position and had Parag take over his position, Musk wasn’t exactly dissatisfied with Parag. However, he did have issues with Parag even back then.