Elon Musk Seals The Deal To Buy Twitter For $44 Billion

In what amounts to some big news, not just for divided political junkies, but maybe even the future of free speech, Elon Musk has secured his bid to buy Twitter.

A $44 billion takeover offer was accepted by the Twitter board on Monday, after initially snubbing Elon Musk’s proposal.

The man with the big wallet is calling for quite a few changes over at the Blue Bird, including relaxing its content restrictions to doing away with the many fake accounts that plague the social media site.

“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,” Musk said in a statement released to Twitter, following the purchase.

“I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans,” he stated.

“Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

Over recent years, Twitter faces mounting pressure from Republican politicians and left-wing regulators over the content that appears on its platform. It has drawn critics from both sides over how the company deals with the flow of information.

One of Twitter’s more bizarre instances even saw former US President Donald Trump banned from the platform altogether in 2021, citing the risk of “incitement of violence”.

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

— Elon Musk (@elonmusk) April 25, 2022