Elon Musk’s decision to buy shares in Twitter in January 2022 was prompted by an incident in which he complained to ex-Twitter CEO Parag Agrawal about an account tracking his private jet, according to an excerpt from Kurt Wagner’s book “Battle for the Bird”. The book claims that Agrawal refused to ban the account, leading to Musk’s decision to start building a stake in Twitter.
Musk had petitioned Agrawal to remove the @ElonJet account in January 2022, and shortly after that, he began buying shares in Twitter. By April, Musk had become the biggest shareholder of Twitter, holding a 9.2% stake. In the same month, he made an offer to buy Twitter at $54.20 a share, valuing the company at about $44 billion. The acquisition was not finalized until October following a series of dramatic events.
After the acquisition was completed, Musk wrote in a post that he would not ban the account tracking his jet, despite considering it a personal safety risk, because of his commitment to free speech. However, a month later, the account did get banned, much to the surprise of its owner college student Jack Sweeney.
Sweeney then moved to Meta’s Threads app using the handle @ElonMusksJet which now has more than 167 thousand followers and runs an account @ElonJetNextDay on X which tracks and posts about Musk’s jet 24 hours after its movements. Neither Musk nor Agrawal responded immediately to requests for comment from Business Insider regarding this matter.
“Battle for the Bird” is set