Elon Musk closes in on buying Twitter, looks like the company is happy with his offer

Francis Fernandez

At the beginning of this month, one of the hottest news in the technology sector has spread around the world. the richest man in the world and one of the most popular social networks: Elon Musk became the largest shareholder of Twitter. Only with this we are already starting to see some changes related to the social network, including the ability to edit tweets and news regarding censorship. However, it appears that this is only a small step towards what should come to Twitter.

Over the past weeks, Elon Musk has been discussing with the company various aspects that will allow you to buy a social network. Despite his differences with the board, everything indicates that the said purchase will be made sooner rather than later, as according to Internal Twitter sources seem to agree with the latest sentence Performed.

Twitter seems to be getting closer to being bought by Elon Musk

Apparently, the negotiations between Elon Musk and Twitter, which would take place these days, would be closer to closing. According to media such as The newspaper “New York Times or Wall Street MagazineTwitter dignitaries would meet this weekend to discuss some details of a possible purchase Elon Musk from the social network.

According to some reports, Elon Musk would have to see you again with twitter this mondayto agree on some details related to the possible purchase of the company. If effective, Musk will pay $46,500 million in order to become its owner, the money he plans to raise through debt financed by Morgan Stanley Senior Funding and other companies.

If the purchase is made, it seems that Elon Musk plans big changes on the social network, they were all related to avoiding content censorship. Also, just as we saw the Edit button for tweets, it wouldn’t be surprising if we saw more implementations at the technical level about the social network. However, all the planned changes, if he finally becomes the owner of Twitter, are not yet entirely clear.

Why Elon Musk bought part of Twitter and what he can do

However, nothing is certain regarding the purchase. In principle, if all goes well and the company decides to accept the offer, it is quite possible that today we have news more formal. However, being such an important purchase, many details need to be finalized, so it is possible that it will not even be carried out.

UPDATE: It’s official. Elon Musk bought Twitter for $45.5 billion, officially becoming the social network’s new owner and CEO. Your next steps as a Twitter owner will focus on protecting free speech and eliminating spambots as planned.

Elon Musk buys Twitter for nearly $50 billion