Elon Musk buys Twitter for $44bn

The Twitter board has agreed to sell the company to Elon Musk in a $44bn deal.

Musk, who is the world’s richest man with a net worth of $266.8bn according to Forbes, put in a bid to buy the social media site for $43bn on 14 April.

The offer was initially rebuffed by Twitter, but after Musk confirmed a funding package, the takeover was announced on Monday (25 April).

“I hope that even my worst critics remain on Twitter, because that is what free speech means,” Musk tweeted.

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