Photo by Josh Willink

Elon Musk is now officially Twitter’s new owner, according to Business Insider. Thursday evening, Twitter and Musk formally closed on the billionaire’s offer to take the company private by paying $54.20 per share, equal to about $44 billion.

Elon meltdowns are just getting started now that he’s in full control of Twitter:

Former NBA big man and the current part-owner of the Sydney Kings NBL team Andrew Bogut took to Twitter to react to the issue: