Elon Musk Buys Twitter for $44 Billion, Will Privatize Company

Musk said in a joint statement with Twitter that he wants to make the service “better than ever” with new features, such as getting rid of automated “spam bots” and making its algorithms open to the public to increase trust.

Twitter said the transaction was unanimously approved by its board of directors and is expected to close in 2022. Asked during a recent TED talk if there are any limits to his notion of “free speech,” Musk said Twitter or any forum is “obviously bound by the laws of the country that it operates in. So obviously there are some limitations on free speech in the US, and, of course, Twitter would have to abide by those rules.”

“Disinformation, misinformation and hate speech have NO PLACE on Twitter,” the civil rights organization said in a statement. “Do not allow 45 to return to the platform. Do not allow Twitter to become a petri dish for hate speech, or falsehoods that subvert our democracy.” Musk has battled with the Securities and Exchange Commission on multiple occasions, as he has used Twitter to taunt the regulators.

While Twitter’s user base of more than 200 million remains much smaller than those of rivals such as Facebook and TikTok, the service is popular with celebrities, world leaders, journalists and intellectuals. Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts.

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Elon Musk to buy Twitter for approximately $44B, company announcesBREAKING Elon Musk to buy Twitter for approximately $44 billion, company announces HELL YEA To the 1% who's reading this Stay safe,god bless you and have a wonderful day 💚 Shit
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Everything Elon Musk wants to change about TwitterTwitter on Monday agreed to be acquired by Elon Musk for around $44 billion in cash.
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Elon Musk is buying Twitter for $44 billionThe deal is expected to close this year. Well, the shit show that is Twitter is about to get shitier The Ultimate Man Yay! I'm so happy for a billionaire to purchase another social media! Yay! This is the best day of my life! Yay! This is going to change everything! All the problems in the world will be gone. Free speech for everyone! Yaaaaaay! So happy for him.
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Elon Musk clinches deal to buy Twitter for US$44 billionMusk wooed Twitter shareholders with financing details of his offer.
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Elon Musk has an agreement to acquire Twitter for about $44 billionMusk says Twitter needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the “societal imperative” of free speech. Go elon Moogles
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Elon Musk buys Twitter for $44B and will privatize companyElon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics … When he blows it up faster than a SpaceX rocket and I can get off this hellsite 👍 Meh.
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