Twitter's board voted unanimously to approve the sale which would take the company from being a publicly-traded company to a privately held platform.
Musk himself tweeted he wants to make the platform better than ever by enhancing the product with new features. In previous interviews, Musk talked about the important role he believes"Having a public platform that is maximally trusted forwardly inclusive is extremely important for the future of civilization," said Musk.
University of San Francisco School of Management Professor Ludwig Chincarini says that shouldn't have a major impact on Twitter users, but will allow the company to act without short-term investor pressure.
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