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Last year, Musk touted the company's "$1 (trillion) valuation with $0 advertising spend" on Twitter

Elon Musk on Monday announced that Twitter is canceling accounts that haven't been used for a long time

Since October last year, the company has implemented a slew of cost-cutting measures as it looks to offset a plunge in revenue

The gigantic rocket successfully blasted off at 8:33 a.m. Central Time (1333 GMT) from Starbase, the private SpaceX spaceport in Boca Chica, Texas

Twitter chief Elon Musk fired three top executives when he took over the social media platform

Twitter users noticed the 'doge' meme, which is part of the logo of the Dogecoin blockchain and cryptocurrency

The company continues to operate an office in the southern tech hub of Bengaluru that mostly houses engineers

Since his arrival Twitter has seen many changes, including controversial layoffs of thousands of employees

Earlier, he had also responded to the accusation he had been getting after the accounts were suspended

Elon Musk, delivered the truck via the Tesla's Nevada plant

Meanwhile, Musk has upped his attacks on Apple in his tweets throughout the course of this month

He also claimed that iPhone manufacturer had ceased running advertisements on the social networking site