Twitter co-founder Jack Dorsey to receive a $978 million payout after Elon Musk bought the social media network
Twitter's executives are in for a bumper payout thanks to Elon Musk's $44 billion takeover of the company. The founder of Tesla and SpaceX, 50, agreed to pay shareholders $54.20 in cash for each share. Co-founder Jack Dorsey, who launched Twitter in 2006, is getting the biggest windfall, with $978 million. CEO Parag Agrawal, who took over from Dorsey in November 2021, is in line for a $38.7 million pay package.
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