Tesla & SpaceX CEO and the world’s richest person, Elon Musk, has confirmed his $44 billion takeover of social media giant Twitter, with a tweet on Thursday, October 27. The 51-year-old’s acquisition of Twitter was followed by the sacking of top executives from the company, including CEO Parag Agrawal, CFO Ned Segal and head of legal policy, trust and safety Vijaya Gadde.

Musk confirmed his acquisition with a tweet, “the bird is freed,” on Friday morning. The Tesla & SpaceX CEO also changed his bio on Twitter, which read, “Chief Twit.” He also went on to change the location of his account, which now reads “Twitter HQ”.

Also Read: Elon Musk Twitter deal: A timeline of events

Take a look at Elon Musk’s confirmation tweet here:

Elon Musk posted a video of himself inside the Twitter headquarters in San Francisco on October 27, which showed him carrying a sink as the caption read, “Entering Twitter HQ – let that sink in!” The new Twitter boss also posted a statement to users and advertisers later in the night.

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” Musk’s statement read.

“Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences,” he added.

Take a look at Elon Musk’s statement to the Twitter advertisers here:

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Reports are suggesting that under the new leadership with Elon Musk becoming the new CEO of the social media giant, Twitter will be reversing life bans. This also means that former US President Donald Trump might be given another chance for his return to the micro-blogging website.

Musk has looked to “defeat” spam bots on Twitter, which has been one of his primary agendas in acquiring Twitter. He has also said that he wants to create new algorithms for Twitter which will determine how content will be shown to its users. Musk has also said that he wants to stop Twitter from sowing hate and division among users.