Elon Musk buys Twitter for $44B — crypto industry reacts

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Tesla CEO elonmusk is an approval away from owning Twitter, as the company's board accepts his bid. This is what everyone was tweeting about.

In the hours and days before Tesla CEO Elon Musk’s purchase of social media giant Twitter, discussions on free speech were common among many online users both in and out of the crypto industry.on Monday that it will become a privately held company following its board of directors accepting a bid from Musk to purchase the firm’s stock for $54.20 per share in cash — roughly $44 billion.

Many, however, seemed to view the multi-billion dollar purchase as potentially having the opposite result. Angelo Carusone, president of nonprofit media watchdog Media Matters for America, expressed concerns prior to the announcement that Twitter agreeing to the sale “would be a victory for disinformation and the people who peddle it,” suggesting that Musk might unilaterally decide to allow those banned from the platform for inciting violence back on.

 

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elonmusk In one of his last tweets prior to news of the purchase becoming public, Musk said, “I hope that even my worst critics remain on Twitter because that is what free speech means.”

elonmusk elonmusk is Technoking not CEO of tesla btw….

elonmusk Pnetwork PNT value is so High but price is so low.

elonmusk At 1bn there will be crazy things planned Doshi DoshiArmy 100xgem P2E PlayToEarn ETH SHIB Dogecoin. pauvillegasss BuzzDe0uf drop__nft

elonmusk Polygon influencers can taste that edit button already 😋

elonmusk So far i know is not yet sign.. Let’s see what’s happening today 😎 i think also that elonmusk will Take it, but Let’s weit before making an announcement about this

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Elon Musk to buy Twitter for approximately $44B, company announcesBREAKING Elon Musk to buy Twitter for approximately $44 billion, company announces HELL YEA To the 1% who's reading this Stay safe,god bless you and have a wonderful day 💚 Shit
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