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BREAKING: Elon Musk Buys Twitter For $44bn

Elon Musk clinched a deal to buy for $44 cash on in a transaction that will shift of the social media platform populated by millions of and global leaders to the world’s richest person.

It is a seminal for the 16-year-old company that emerged as one of the world’s most squares and now a string of .

Discussions over the deal, which last week appeared , accelerated over the weekend after Musk wooed Twitter with financing details of his offer.

Under , Twitter started with Musk to buy the company at the proposed $54.20 per .

speech is the bedrock of a functioning , and Twitter is the digital town square where matters vital to the of are debated,” Musk said in a statement.

Twitter’s shares were up about 6 per cent following the news.

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