Elon Musk buys Twitter for $44 Billion

Billionaire Elon Musk strikes deal to buy Twitter for $44 billion. On April 4, Musk’s stake in Twitter became public. Ten days later he announced his offer to buy Twitter in a filing with the US Securities and Exchange Commission. On April 25, the board of Twitter agreed to the offer of the world’s richest man.

On April 14, Elon Musk offered to buy Twitter for $54.20 a share in cash. Musk has described himself as a “free-speech absolutist” but is also known for blocking or disparaging other Twitter users who question or disagree with him.