Elon Musk will be buying Twitter for $54.20 closing the deal at an estimated $44 billion.
Elon was serious of the deal and Twitter’s board sat down and have agreed to sell Twitter. Twitter agrees to sell itself to Elon Musk.
Elon Musk’s proposal to purchase Twitter, which was originally considered a long shot, has been accepted. Twitter stated in a news release Monday that the billionaire will pay $44 billion for the firm in a deal likely to finish this year.
Among the things Elon Musk plans to do with Twitter include;
- Enhancing the price of Twitter features
- Making the algorithms open
- Opensource to increase trust
- Defeating the spam bots
- Authenticating all humans
How will Twitter change the life of Users?
Although Elon Musk has not released details of what he will do better, all he has said is literally “Twitter needs to be better” he means to make it more about free speech. In a tweet Elon shared that “I hope that even my worst critics remain on Twitter because that is what free speech means.” This could mean many are free to say whatever they want, provided it is not in violation of Twitter’s policies. Twitter will not simply boot out users.
A typical demonstration is Elon’s tweet on Bill Gates.