Elon Musk Buys Twitter for $44 Billion 

Twitter Inc., on Monday 25th April, 2022 accepted the bid of Elon Musk, the Tesla Chief Executive, to take over the company for $44 billion. 

Days before, Mr. Musk twitted, “if our Twitter deal succeeds, we will defeat the spam bots or die trying”.

“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,” Musk said.

“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 spambots, and authenticating all humans. Twitter has tremendous potential—I look forward to working with the company and the community of users to unlock it.”

Twitter is a microblogging and social network service which was founded in 2006.