Elon Musk buys Twitter for $44 billion

The news does not stop and it is that Elon Musk buys Twitter for 44,000 million dollars , an operation that was confirmed by the company itself and thus ends a cycle of rumors and speculation around this new move by the technology tycoon. Elon comes with the intention of changing the rules of the game in the world of this microblogging.

The agreement for this operation was less than the budget that Musk himself said he had ready to close his proposal to completely buy the social network. Just about three days before agreeing to the transaction, the businessman said he had $46.5 billion ready to buy Twitter.

Twitter: a very controversial purchase

Once Elon Musk got most of the shares in Twitter, he was offered a seat on the company’s board of directors and turned it down , instead, just a few days later, he decided to launch a bid for the company. company entirely; all this in less than a month.

On Sunday, April 24, Twitter’s board of directors met to evaluate the offer and accepted it for the announced amount, thus closing an era of the controversial platform.

However, Musk does not plan to mount a hunt within the company itself , since the owner of SpaceX assured that he hopes that even his worst critics stay inside Twitter, since that is what freedom of expression truly means.

A movement that nobody expected, makes one of the most influential millionaires in the world, also have control of one of the most widespread social networks on the entire planet. However, Elon Musk himself assures that all these efforts are aimed at reinforcing freedom of expression on the platform , in fact his main mission would be “to work to unlock the extraordinary potential of Twitter.”

Musk believes that since he made his investment, he realizes that the company will not be able to move forward, nor will it achieve the changes it hopes for, without Twitter becoming a private company.