According to a new report, Elon Musk’s decision to buy Twitter stock in January 2022 was influenced by an incident in which he complained to former Twitter CEO Parag Agrawal about an account following his private jet. The book “Battle for the Bird” claims that Musk asked Agrawal to remove the @ElonJet account after it refused to do so, leading to Musk’s decision to start building a stake in Twitter.
In April, Musk had become Twitter’s largest shareholder, holding a 9.2% stake. That same month, he made an offer to buy Twitter at $54.20 per share, valuing the company at about $44 billion. However, the purchase was only completed in October after a series of dramatic events.
After the purchase was completed, Musk wrote in a post that he would not ban the warrant from tracking his plane because of his commitment to free speech. However, a month later, the account was banned, much to the surprise of its owner, student Jack Sweeney. Sweeney then moved on to Meta Threads app and now runs @ElonJetNektDay on X which tracks and posts Musk’s jet 24 hours after it takes off. Agrawal and Musk did not immediately respond to Business Insider’s requests for comment.
“Battle for the Bird” will be released on February 20th and is sure to shed more light on this interesting story behind one of the biggest tech acquisitions of recent years.