Elon Musk

Elon Musk has acquired Twitter for $44bn.

 

 

Newsonline reports that Twitter on Monday confirmed it is selling the social media platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion.

 

The sale was a dramatic shift for the board, which had originally manoeuvred to block Musk from taking the social media network private.

 

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“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a joint release announcing the takeover.

 

Details later…