Elon Musk Agrees To Purchase Twitter For $44 Billion


Finally, after the back and forth, Elon Musk has come to the conclusion to go ahead and but the blue bird app.

Elon Musk attempted to back out of his agreement to buy Twitter, arguing that the company had misled investors and regulators about the number of fake accounts on the platform © Patrick Pleul/dpa-Zentralbild/dp

But nothing’s changed. As the trial date approaches, the richest man in America still wants to purchase Twitter for the initial asking price of $44 billion. Meanwhile, however Twitter’s stock has surged because of it.

Recently, though, Musk’s proposal to match the original deal terms means Twitter’s future would be under the leadership of a mercurial billionaire who has spent months publicly criticizing its management and questioning its value. It also means that his claims — about how many of Twitter’s users are bots, for instance — are not likely to be scrutinized in a courtroom. Seems like the Tesla knows what he’s doing.


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