Inside story of Musk's purchase of 'X' revealed, an account and reason behind Parag Aggarwal's deal not being made

Elon Musk: It has been claimed in the book that Parag Aggarwal had refused to ban that account. According to the book, Elon Musk had also offered Jack Sweeney five thousand dollars for not reporting his travels, but Jack Sweeney demanded fifty thousand dollars.

Feb 12, 2024 - 14:19
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Inside story of Musk's purchase of 'X' revealed, an account and reason behind Parag Aggarwal's deal not being made

The news that Tesla CEO Elon Musk had purchased social media behemoth Twitter (now X) garnered significant media attention. Numerous theories were floated regarding the rationale behind the purchase, but a new book asserts that Elon Musk attempted to block an 'X' account, but Parag Agarwal, the 'X' account's CEO at the time, resisted. Elon Musk decided to purchase 'X' only after this.

According to the book "Battle for the Bird," Jack Sweeney, an American programmer, had an account on X with the username "Allanjet." Information about Elon Musk's private jet travels is shared through this account. Elon Musk wanted X to ban this account because he was not happy with it. Elon Musk had also talked to Parag Aggarwal, the then CEO of 'X', regarding this. It has been claimed in the book that Parag Aggarwal had refused to ban that account.

According to the book, Elon Musk had also offered Jack Sweeney five thousand dollars for not reporting his travels, but Jack Sweeney demanded fifty thousand dollars. Elon Musk then tried to block Jack Sweeney's account. But Musk had already decided to purchase X following Parag Aggarwal's rejection.

Musk joined the board of X after first purchasing shares of the company. Following this, in October 2022, Musk struck a $44 billion purchase agreement for X. Following Ax's acquisition, Musk fired several individuals, including Parag Agarwal. Surprisingly, Jack Sweeney continues to post details regarding Elon Musk's private plane travels on other social media sites. The book that contains this insider information on the acquisition of Axe will be on sale in stores on February 20.

Muskan Kumawat Journalist & Writer