Trump Says of Elon Musk as The ‘Chief Twit:’ Twitter ‘Is Now in Sane Hands’

Former US President Donald Trump applauded the Twitter takeover, with Elon Musk announcing he is now the "Chief Twit."

The Tesla and SpaceX CEO finally acquired the social media platform for a hefty sum of $44 billion on Friday, Oct. 28, to avert legal trouble.

It's Official

Twitter said the $44-billion deal became official with a filing at the US Securities and Exchange Commission.

The deal gave Musk total ownership of the platform after he initially bought some 9.1 percent of Twitter in April.

The acquisition finally ended Musk's flip-flopping on the deal with Twitter, which lasted for many months.

'Chief Twit'

Musk did not waste any moment on the change of ownership. Almost immediately, the billionaire added to his Twitter handle describing himself as the "Chief Twit."

He posted a tweet saying: "the bird is freed."

Then, it was followed with a spoiler alert with a tweet: "let the good times roll."

It was not immediately clear what Musk exactly meant with his tweets.

In May, Musk did not hide his opinion about the permanent ban on former US President Donald Trump.

Permanent bans, he said, should only apply to bots, spam accounts, or spam. Twitter's ban on Trump was not right, the billionaire and the world's richest man said.

The ban, in his opinion, took away the voice of the former US president.

He said he would reverse Twitter's permanent ban on Trump if the deal is done, CNBC reported.

Now that it is done, what's next?

'Is Now in Sane Hands'

Trump applauded Twitter's new ownership.

He wrote on his Truth Social account, a social media platform owned and run by the Trump Media & Technology Group, that the social media company "is now in sane hands."

The former president could hardly hide his happiness, firing a mouthful against the "Radical Left Lunatics and Maniacs" he alleged were the people running the platform.

Twitter, he said, should get rid of all the fake accounts and bots that hurt the platform "so badly."

Trump did not give any hint of the possibility of him returning to Twitter. The platform suspended him permanently amid the insurrection at the US Capitol on Jan. 6, 2021 fearing the situation would escalate from Trump's tweets.

In April, Trump firmly told CNBC's Joe Kernen: "No, I won't be going back on Twitter."

Although Trump said his return to Twitter would not happen even if Musk reverses the ban, there is no guarantee he will not return to the platform.

The Hard Part

Immediately after Musk had officially taken over Twitter on Thursday evening, he began the hard part by cleaning the house.

The billionaire fired at least four top officials of the company, including the chief financial officer and the chief executive. A day earlier, Musk arrived at the San Francisco headquarters, where he had meetings with the company's executives in-charge of advertising and engineers.

The acquisition has ended. But the lingering doubts about the future of Twitter under Musk.