Elon Musk to buy Twitter for $61.4 billion

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US billionaire Elon Musk strikes a deal to buy the social media platform, ending its run as a public company.

Elon Musk has clinched a deal to buy Twitter for $US44 billion , in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.Twitter shares rose about 6 per cent following the announcementDiscussions over the deal — which last week appeared uncertain — accelerated over the weekend after Mr Musk wooed Twitter shareholders with financial details of his offer.

The outspoken Tesla chief executive has said he wanted to buy Twitter because it was not living up to its potential as a platform for "free speech". "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."

 

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This is great. It means that you won’t be able to filter out or stop comments on your page!

Well I dont think with all that money he will end world hunger My question is will that money make it to the starving or will it end up in Politicians bank acc or some extravagant fee or the warlords of those countries

Elon wanted to buy Kim Kardashian, but even he couldn't afford her asking price.

better deal than our subs!

Could have been worse ... could have been Murdoch.

That’s the wrong number! Can’t do people even verify the most obvious fact in the whole story? Incompetent!

He claims to love freedom of speech, but I wonder if he’ll say anything about Twitter being banned in China? Or will he keep quiet so Tesla can stay in Shanghai?

Another nail in democracy’s coffin

At first I thought it was 44 billion dollars

Who?

Musks 'myspace' moment

Ah the good old argument of freedom “Freedom to and freedom from” The two go hand in hand free speech does not necessarily give you the freedom you think or want.

Good on him 🤙🏼

More adds terrific

Can only be good for Twitter. He’s a big proponent of Free Speech and he’ll make this digital town square exactly that… 👏👏👏

Expect the fake news ratio to increase after his absolute free speech changes hit home…

Zuckerberg and Bezos have been controlling social media and newspapers for a very long time. How is this different ?

A powerful and stupid man buying Twitter over 'free speech' concerns is basically Hitler gaining power because Germans were allegedly oppressed by Jews.

We’ll see if he REALLY supports free speech. I’ll be definitely testing his algorithms. If butt bandits can still get away with ridiculing family values and Christianity, and I can’t call butt bandits the words Twitter has banned, then his free speech promises have failed…

Lordy. The great things that can achieved with that amount of money. The poverty and misery that could be quelled for so many ppl. But nope... let’s buy a social platform. ElonMusk TwitterTakeover

Welp. Let’s hope Elon sorts out the snowflakes on the platform, and restores free speech.

What is free speech? If it means disinformation, the spread of racism and hate speech or an open forum for conspiracy theories? Then we're in trouble.

But why?

Sorry book burners, your days of silencing dissent are over 🤷🏽‍♂️ Welcome to the new public square.

Great news! This purchase will invigorate the economy, Elon has promoted free press and freedom of speech. If we don’t want so much power in the hands of so few, we need to change our behaviour, rather than moaning about how wealthy some people are 😉

This guy?

Good on him. We all dream of being able to do what Elon just did. It’s fair game. Private business is private business. In Russia or China, this would of been government buying or controlling free speech. Anyone making a fuss about this is just being a offended drama queen.

The most expensive septic tank in the world.

And all this after Elon Musk just paid the most income tax of any human ever, it was $11 Billion dollars BTW

I got it for free in the app store 🤷🏼‍♂️

If Musk allows tyrants and dictators to run wild on twitter, I’m done with it..

Lol. LEFTIST ABC News can’t report the truth if it bit them

Seems like all the dystopian science fiction I ever read is happening.

Free speech without checks and balances is bad for democracy and humanity. Twitter today is striving for responsible free speech that’s why we are still here. But will you leave now Musk has bought it and threatened to change policies.

Imagine having 61 billion dollars to spend, looking around at all the problems in the world, and then using it to ensure there’s more abuse allowed on social media.

Next time you see someone argue that Billionaires shouldn't pay more taxes or cannot afford to pay more taxes tell them about that time Elon Musk found more than $40B USD behind his couch to buy Twitter.

here are my naked photos

No one should have that sort of money.

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Twitter ‘in takeover talks with Elon Musk’ after pressure from shareholdersCompany negotiating with Tesla CEO, say sources, after he wooed investors with details of his $43bn offer Relentless, emetic adverts, Google style will follow any elonmusk takeover of Twitter. God help us! It might be me, but this is concerning - Musk is a rich, talented, loose cannon and we have no idea what he wants Twitter for. I'd rather it was just left alone. I can't see in what way Twitter would be better in Musk ownership. ElonMuskBuyTwitter
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