Elon Musk became the owner of Twitter, bought the company for $ 44 billion, know everything here

Elon Musk became the owner of Twitter, bought the company for $ 44 billion, know everything here

Tesla and SpaceX CEO Elon Musk has bought social media platform Twitter. This deal was done for Rs 3368 crore. Elon Musk tweeted, ‘Even my worst critics will remain on Twitter.’ The White House expressed concern over the deal. Let us tell you, Elon Musk made a deal to acquire Twitter for about $ 44 billion.

It finally came true amid reports of Twitter being sold out for several weeks now. SpaceX and Tesla CEO Elon Musk has bought Twitter for $ 44 billion, or about Rs 3368 crore. Elon Musk tweeted that ‘I hope even my worst critics stay on Twitter, because that’s what free speech means.’

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Big message given as soon as he became the owner of Twitter

I hope that even my worst critics remain on Twitter, because that is what free speech means

— Elon Musk (@elonmusk) April 25, 2022

Recently, Elon Musk bought a 9.2 percent stake in Twitter and after that he became the largest shareholder of Twitter. Since the purchase of Musk’s large stake in Twitter, it was being speculated that he would buy Twitter completely.

Billionaire Elon Musk has signed an agreement to acquire Twitter for about $44 billion. The company gave this information. Tesla’s Chief Executive Officer (CEO) Musk offered to buy Twitter on April 14. However, he did not specify how he would raise funds for the acquisition.

Let us tell you, Musk said that he wants to buy Twitter because he does not think it is living up to its potential as a platform for free expression. Twitter said that it will become a privately owned company after the acquisition process is complete. Twitter CEO Parag Aggarwal tweeted, ‘Twitter has a purpose and relevance, which affects the entire world. Proud of our team and their work.

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Elon Musk gave this offer

After buying a large stake in Twitter, Musk made an offer to Twitter’s board, expressing his desire to buy the company. After an initial refusal, several meetings were held between Musk and Twitter’s shareholders, and the board eventually accepted Musk’s offer.

After this deal, Musk also tweeted a statement which read that according to Musk, freedom of expression is the basis of democracy and Twitter is a digital world where important issues for the future of humanity are debated. I want to make Twitter better in every way possible by adding new features, building trust, eliminating spam, and authenticating everyone. Twitter has tremendous potential. I look forward to working with the company and its users to bring this to the fore.”

🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6

— Elon Musk (@elonmusk) April 25, 2022

At the same time, the White House has expressed concern over Elon Musk’s purchase of Twitter. White House spokeswoman Jen Psaki said that “no matter who owns or runs Twitter, the president has long been concerned about the power of the larger social media platform, the power that impacts our daily lives.” President Joe Biden has long argued that tech platforms should be held accountable for the damage it causes.

After the sale of Twitter, two news are most discussed. The first is whether the current CEO Parag Agarwal will continue to be CEO or whether Twitter co-founder and former CEO Jack Dorsey will return. Because Jack Dorsey and Elon Musk have been seen standing together on many issues and secondly whether Elon Musk can reactivate the account of former US President Donald Trump, which is currently banned. Experts say that Trump’s Twitter account can be activated again.

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Posted by Talkaaz