Elon Musk and Twitter have reached an agreement for the world’s richest person to buy the social media platform. Musk will pay about $44 billion to buy Twitter.
There were many reports that the sale would be announced as of the morning hours. Following these developments, it was revealed that Elon Musk had officially acquired Twitter. Social media posts attracted attention.
Posts about Musk’s acquisition of Twitter
The CEO revealed financial details of how he would buy the platform four days ago. Musk, the founder of Tesla and a troll of Twitter, became the company’s largest shareholder earlier this month, taking 9.2 percent of Twitter.
After owning a 9 percent stake, the CEO refused to join the company’s board of directors. Finally, on April 14, it announced a $43 billion acquisition offer. However, according to recent reports, Musk has accepted an offer to buy $44 billion in cash. It is also a question of what kind of changes Musk will make, saying he would turn Twitter into a freer platform if he bought it.