Elon Musk agreed to acquire Twitter for $44 billion on Monday


Posted on 26 April 2022


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Elon Musk agreed to acquire Twitter for $44 billion on Monday, vowing a more lenient approach to content policing on the network where he promotes his interests, criticises opponents, and offers his thoughts on social and economic concerns to over 83 million followers. Tesla CEO Elon Musk, who is also the world's wealthiest person, has stated that he wants to buy and privatise Twitter because he believes it is not living up to its potential as a free expression platform. In a joint statement with Twitter, Mr. Musk stated that he wanted to make the site "better than ever" with new features such as eliminating automated "spam bots" and making its algorithms transparent to the public to improve confidence.



Key Points

  • Elon Musk agreed to acquire Twitter for $44 billion on Monday, vowing a more lenient approach to content policing on the network where he promotes his interests, criticises opponents, and offers his thoughts on social and economic concerns to over 83 million followers.

  • Elon Musk, who is also the world's wealthiest person, has stated that he wants to buy and privatize Twitter because he believes it is not living up to its potential as a free expression platform.


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