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Elon Musk has officially taken over Twitter: $44 billion bid accepted!

  • April 29, 2022
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We know one of the biggest agenda items for April with two gigantic companies such as SpaceX and Tesla. Elon Musk’s It was before he bought much of

Elon Musk has officially taken over Twitter:  billion bid accepted!

We know one of the biggest agenda items for April with two gigantic companies such as SpaceX and Tesla. Elon Musk’s It was before he bought much of Twitter, and then he set his sights on the entire platform.

After the successive news of the past few days, the expected statement came tonight. After the talks between Twitter and Elon Musk, the platform announced that Elon Musk was $ 54.20 per share and in total. $44 billion announced that his huge offer had been accepted.

All control of Twitter is now in the hands of Musk

Following the announcement of the decision, the first statement came from both the Twitter front and Musk. Musk said in a statement: “Freedom of expression is the cornerstone of a functioning democracy, and Twitter is the digital town square where issues vital to the future of humanity are discussed.” he made the statements and ”Also the product by developing new featuresI want to make Twitter better than ever by using open source algorithms to build trust, defeat spam bots and authenticate all people. Twitter has huge potential, I look forward to working with the company.‘ he said.

Twitter CEO Parag Agrawal said:Twitter has a purpose that touches the whole world. We are proud of our teams and inspired by their work, which has become more important than ever” he said.

The deal is expected to close in 2022.

Although the proposal was accepted after the negotiations between Twitter and Elon Musk, there are some steps that need to be followed to complete the agreement. Twitter Board unanimous The agreement he has accepted with Twitter requires Twitter shareholder approval, obtaining valid regulatory approvals and completing some legal processes. Incoming information is that all of these steps will be completed by 2022.

Source: Web Tekno

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