Elon Musk Buys Twitter
Elon Musk Buys Twitter
Elon Musk Buys Twitter:-Twitter Inc on Monday accepted Elon Musk’s bid to take over the company, which would give the world’s richest man control of the influential social-media network, where he is one of its most powerful users.
The deal marks the close of a dramatic courtship and change of heart on Twitter, where several executives and board members initially opposed Mr Musk’s approach to takeover. The deal has polarized Twitter employees, users and regulators on the power tech giant to set the parameters of acceptable discourse on the Internet and the way those companies enforce their rules.
Both sides worked overnight to strike a hash deal. Earlier on Monday, The Wall Street Journal reported that Twitter and Mr Musk had reached an agreement to value Twitter at $44 billion.
The acquisition, if it goes through, will be one of the largest acquisitions in tech history and will have global repercussions for years to come in how billions of people use social media.
The End.
