Elon Musk Just Acquired Twitter For $44 Billion…And We Can’t Keep Calm!
The tech world probably witnessed the biggest development last night when the world’s richest man bought Twitter for a whopping 44 billion dollars with a share valuation of $54.20. On 14th April, billionaire Musk had officially announced his takeover bid while also mentioning that this was his ‘best and final offer.’
Elon Musk Just Acquired Twitter For $44 Billion: Timeline
The Wall Street Journal reported that Musk met several shareholders of Twitter privately on Friday for extolling the virtues of his proposal and, at the same time, made several video calls to push his case! Elon Musk, of course, has also made it to public knowledge how he plans on taking Twitter private soon, aiming to get rid of spammy bots forever.
On Saturday, the Tesla owner was quite distasteful in his tweet about Mircosoft co-founder Bill Gates. The tweet was a response to Gates shorting Musk’s baby, Tesla! Of course, the tweet received more than one million likes.
In this context, the new owner of Twitter said,
“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. 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. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Envisioning Twitter Under Elon Musk: What To Expect?
Here’s what we think is about to happen to Twitter in the next few years!
- Free speech
- Content moderator
- Open-source algorithm
- Trump is back on the platform
Sounds pretty crazy, right? Let us know what you think on the same in the comments below!
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