Elon Musk officially gets Twitter for $44 billion, thanks to his “Free speech” plan

After a lot of speculations and talks, Elon Musk has finally got what he wanted, yes he got Twitter for his asked price of $44 billion at his proposed $54.20 per share price. This has obviously shaken up the industry which values this deal to be 3rd biggest tech deal.

Twitter Inc has been sold on Monday and will shift the entire control of the social media platform populated by millions of users and global leaders now to the world’s richest person. Yes, now an individual will control your favourite social media platform which is kind of strange but this is what it is.

BREAKING: Twitter could accept Elon Musk's $43 billion offer
Image via Twitter

This 16-year-old company has made its way to outpace Facebook and survive its dominance to be what it is today. Elon Musk has stated himself to be a free speech absolutist and has been open to criticising Twitter’s moderation. According to him, Twitter should prioritize tweets to be public rather than giving too much power on the service to the corporations who advertise on Twitter.

This cannot be ruled out because Twitter has been in question for quite some time now, criticized for favouring individuals or corporations and even politicians. Now that Elon Musk will own the social media platform it will mean less moderation and reinstatement by political activists and even banned individuals including former President Donald Trump.

Twitter fined by Russia for not removing flagged content

We know Elon’s way of tweeting, hosting polls, and asking people how to make Twitter even better and we can predict from now on he will bring new features to the social media platform. By bringing an edit button and defeating “spambots” that post unwanted tweets, we could expect a series of changes that could make Twitter healthy again.

“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,” Elon Musk said in a statement. Twitter’s shares rose 5.7% on Monday to end at $51.70 and so Musk getting a company like Twitter for $44 billion is a great deal.

“Having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization. I don’t care about the economics at all,” Musk said in a recent public talk. Obviously, now this Twitter transaction has been approved by the company’s board and is now subject to a shareholder vote, also this deal has a minor to no chance to be blocked by the regulations.

via Reuters

Read More:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Pakistani ‘Elon Musk Khan’ Doppelganger Goes Viral, Internet Can’t...

Imagine casually scrolling through your social media feed and coming across a video that makes you do...
Elon Musk Net Worth in Rupees: Latest Update in April 2023

Elon Musk Net Worth in Rupees: Latest Update in...

Elon Musk Net Worth in Rupees as of 2025 - How much Net Worth Elon Musk Collected?...

Incredible Elon Musk Net Worth: All You Need to...

Elon Musk Net Worth in 2025: Everything You Need to Know Elon Musk, the founder of Space X...
Top 10 Richest Man in the World 2024

Billionaire Landscape 2025: The Extraordinary Top 10 Richest Man...

Top 10 Richest Man in the World 2025 ! The global economic landscape is a testament to human...
Elon Musk xAI

Elon Musk’s xAI Acquires X in a $33 Billion...

Elon Musk’s xAI Acquires X in a $33 Billion Deal: The Birth of the Ultimate Super App?...

LATEST NEWS

ISL 2024-25 Semifinal: FC Goa vs Bengaluru FC – Preview, Prediction and Where To Watch The Match LIVE

FC Goa are set to welcome Bengaluru FC to the Jawaharlal Nehru Stadium in Goa for the second leg of their Indian Super League...

Top 5 Footballers Who Played for Both Manchester United and Manchester City

In this blog post, we’ll explore the fascinating stories of footballers who played for Manchester United and Manchester City. We’ll focus on primary keywords...

MS Dhoni’s Retirement Rumours Heat Up After Parents Show Up for CSK vs DC Match

The cricketing world stands at attention as fresh MS Dhoni retirement rumors sweep across stadiums and social media platforms alike. On April 5, 2025,...

Most Player of the Match Awards in IPL: Players with the Most Player of the Match (POTM) Awards Since 2018

Most Player of the Match Awards in IPL : Since 2018, the Indian Premier League (IPL) has seen some jaw-dropping performances, clutch finishes, and...

Featured