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Elon Musk buys Twitter for $44 billion

Elon Musk buys Twitter for $44 billion

Twitter’s attempts to prevent the eccentric billionaire Elon Musk, the richest man in the world, from taking control of the popular social network have been useless. The tycoon owner of Tesla took over 9.2% of the company’s shares to later show his intentions to buy the entire company.

After leaking last night that Twitter could give its arm to twist, finally it has been and have accepted the offer of 44,000 million dollars for the company, which will cease to be listed on the stock market to be 100% private.

This implies some concerns regarding the neutrality and control of the social network. Elon Musk has never hidden his intentions to fully privatize the company, even claiming user identity checks to authenticate all “human users” under the guise of cutting off the presence of fake accounts and bots.

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He has also defended the improvement of the social network with new functions and passing the main algorithms that integrate to an “open source” model. At the moment, part of the community has taken the news with suspicion and movements have even emerged to migrate to other social networks due to the possibility that the social network becomes controlled by Elon Musk.