--- title: "Musk's Bid to Buy Twitter: CEO Parag Agrawal is likely to get $42 Million if Terminated" description: "Elon Musk offered $43 billion to buy Twitter and said to end the Twitter board but CEO Parag Agrawal will likely get $42 million if terminated from Tw" author: "Sanjay Goenka" published: 2022-04-26 updated: 2022-04-26 canonical: https://www.mindstick.com/news/1597/musk-s-bid-to-buy-twitter-ceo-parag-agrawal-is-likely-to-get-42-million-if-terminated category: "twitter" tags: ["twitter api", "twitter", "technology", "technology news"] reading_time: 2 minutes --- # Musk's Bid to Buy Twitter: CEO Parag Agrawal is likely to get $42 Million if Terminated **[Musk-Twitter deal](https://yourviews.mindstick.com/view/83271/elon-musk-ready-to-buy-twitter-in-41-billion)**: CEO [Parag Agrawal](https://yourviews.mindstick.com/view/84099/elon-musk-fired-twitter-execs-including-ceo-parag-agrawal-and-many-more) could receive **$42 million** if terminated from Twitter after Musk said to eliminate the **Twitter board** because he said he does not have **[confidence](https://yourviews.mindstick.com/story/1523/5-steps-to-overcome-your-hesitation-and-build-self-confidence) in Twitter’s management.** ## Highlights ``` Musk’s deal with Twitter to buy the platform ends its run as a public company Twitter CEO Parag Agrawal could earn $42 million (Rs 320 crore) Twitter’s CEO will get $42 million if he were to be terminated within 12 months ``` **Also Read: ['Board salary will be $0 if my bid succeeds,' says Elon Musk on Twitter](https://www.mindstick.com/news/1576/board-salary-will-be-0-if-my-bid-succeeds-says-elon-musk-on-twitter)** A few days ago, billionaire investor **[Elon Musk revealed his shareholdings in Twitter](https://www.mindstick.com/news/1545/elon-musk-s-shares-are-the-highest-on-twitter-among-other-shareholders)** Company and claimed to be the highest with **9.2 %,** and after a few days, he offered $43 billion to but the Twitter.\ Twitter’s board of members denied its offer of Musk and also **[filed a suit against Musk](https://www.mindstick.com/news/1559/suit-filed-against-elon-musk-by-twitter-shareholder-over-delay-in-disclosing-stake)** for not disclosing his stake in Company after increasing **5% within 10 days** of crossing the 5% in the company’s stake. Elon Musk also said he didn’t have confidence in Twitter’s management. Earlier Musk said to give **[$0 to twitter’s Board members](https://www.mindstick.com/news/1576/board-salary-will-be-0-if-my-bid-succeeds-says-elon-musk-on-twitter)** as a salary. In a disputed bid between Twitter and Musk, Parag Agrawal, CEO of Twitter would get an estimated $42 million (Rs. 320 crores) if he were terminated within 12 months of a change in control at the [social media](https://www.mindstick.com/articles/13056/how-to-leverage-social-media-to-attract-lots-of-blog-traffic) company. According to [research](https://www.mindstick.com/articles/311609/how-to-research-the-companies-before-applying-to-their-open-positions) firm Equilar. Elon Musk, on Monday, **struck a deal to buy Twitter for $44 billion** (Rs. 3, 36, 400 crore) Twitter is ending its run as a public company since 2013. Musk in his securities filing on April 14 had since he did not have confidence in Twitter’s management. Twitter denied commenting on **Equilar’s report**. **Also Read: [Suit Filed Against Elon Musk by Twitter Shareholder Over Delay in Disclosing Stake](https://www.mindstick.com/news/1559/suit-filed-against-elon-musk-by-twitter-shareholder-over-delay-in-disclosing-stake)** --- Original Source: https://www.mindstick.com/news/1597/musk-s-bid-to-buy-twitter-ceo-parag-agrawal-is-likely-to-get-42-million-if-terminated Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.