World’s biggest deals in the tech industry, billionaire and Tesla founder Elon Musk has taken control of Twitter.
Musk acquire the social network site Twitter for $44 billion with shares valued at $54.20.
After the deal Musk said “I hope that even my worst critics remain on Twitter, because that is what free speech means.”
Earlier this month, Musk purchased a 9.2 per cent stake in Twitter. This made him the second-biggest shareholder in the Twitter.
Earlier Twitter CEO Parag Agrawal also offered Musk to be a part of the board, which the Tesla CEO rejected.
New boss believes Twitter has a lot of potential and he wants to unlock them all. "This is not a way to sort of make money. My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important,"
"This is not a way to sort of make money. My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important,"
Elon Musk is likely to bring is in the much-awaited Edit button very soon. Twitter has already announced the coming of the edit button
Elon is also expected to actively work towards removing spam accounts or spambots from the platform. He thinks spambots are the “most annoying thing”.
Musk also wants to make Twitter a more open-source platform.