Why Elon Musk sacked Parag Agarwal as Twitter CEO?

Parag Agarwal, who lost his job as Twitter (now known as X) CEO days after Elon Musk’s October 2022 acquisition of the micro-blogging site, was sacked because Musk opined that Agarwal was not a ‘fire-breathing dragon,’ a new book revealed. Why Elon Musk sacked Parag Agarwal as Twitter CEO? The book is a biography of […]

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Parag Agarwal, who lost his job as Twitter (now known as X) CEO days after Elon Musk’s October 2022 acquisition of the micro-blogging site, was sacked because Musk opined that Agarwal was not a ‘fire-breathing dragon,’ a new book revealed.

Why Elon Musk sacked Parag Agarwal as Twitter CEO?

The book is a biography of the billionaire title after him and is authored by Malter Isaacson. It is set to be published on September 12. According to the media reports, the book’s story sheds light on an Agarwal-Musk dinner meeting from March last year, days before the latter, on April 14, made an offer to Twitter to purchase the company, eventually closing the deal at $44 billion on October 27.

In the book, the X owner said about Parag Agarwal, “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.”

Bret Taylor, the company’s then-board chair, was the third person who attended the dinner.

About author of biography on Musk

Isaacson, an ex-CNN CEO and former Time editor spent three years trailing the world’s richest man for the biography.

Notably, after terminating Agarwal, Elon Musk himself took over as the CEO. However, in June this year, former NBCUniversal executive Linda Yaccarino was appointed to the post and is the incumbent chief executive.

Then in July, the San Francisco-headquartered firm was rebranded to X Corp.