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    Elon Musk reaches $44-billion deal to buy Twitter

    Elon Musk’s bid to buy Twitter and take the company private succeeded on Monday, 11 days after the world’s wealthiest man first announced that he’d like to buy the social media firm. After days of back and forth, Twitter’s board approved Musk’s approximately $44 billion offer Monday. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters ...
    by Sam Dean, Russ Mitchell, Los Angeles Times Apr 25, 2022 4 minutes
    Tesla CEO Elon Musk attends the start of the production at Tesla's Gigafactory on March 22, 2022, in Berlin.

    Elon Musk’s bid to buy Twitter and take the company private succeeded on Monday, 11 days after the world’s wealthiest man first announced that he’d like to buy the social media firm.

    After days of back and forth, Twitter’s board approved Musk’s approximately $44 billion offer Monday.

    “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”

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