Elon Musk has agreed to buy the US-based social media platform Twitter for $44 billion.
Elon Musk has agreed to buy Twitter, the social media platform used by millions of users and state leaders, for $ 44 billion. In the statement made by Twitter, it was reported that the agreement was reached to sell the company to Musk for $ 54.2 per share. After the completion of the transaction, Twitter will become a private company.
“Freedom of expression is the cornerstone of a functioning democracy, and Twitter is the digital town square where issues vital to the future of humanity are discussed,” Musk said in the statement.
Stating that he wants to make Twitter better than ever, Musk noted that Twitter has tremendous potential and that he looks forward to working with the company and users to reveal it.