The board of Twitter has agreed to a $ 44 billion takeover offer from billionaire Elon Musk.
Musk, who made the shock bid less than two weeks ago, said Twitter had “tremendous potential” that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts.
The firm initially rebuffed Musk’s bid, but it will now ask shareholders to vote to approve the deal.
Musk is the world’s richest person, according to Forbes, with an estimated net worth of $ 273.6 billion, mostly due to his shareholding in electric vehicle maker Tesla, which he runs. He also leads the aerospace firm SpaceX.
News of the takeover has been cheered by the right in the US, although Trump yesterday (26) told Fox News he had no plans to re-join the platform.
(BBC)
Elon Musk buys Twitter for $ 44 bn
27 Apr 2022
Elon Musk buys Twitter for $ 44 bn
27 Apr 2022