BREAKING NEWS: American entrepreneur, Elon Musk has bought Twitter with the whooping sum of $44

American investor Cum CEO Tesla automobiles, Elon Reeve Musk FRS, professionally known as Elon Musk has reached a $44 bid agreement with Twitter to purchase the platform.

Popular Microblogging Social media app known as Twitter on Monday confirmed it is selling the platform to a billionaire entrepreneur.

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The sale was a coercive dramatic shift for the board, which had originally maneuvered to hinder Musk from taking the social media network private.

Musk said in a joint statement announcing the takeover.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,”

Musk had taken a major stake in the firm earlier this month before lining up last week some $46.5 billion in financing to push forward with the purchase.

Twitter board chair Bret Taylor said the body

“conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing.

The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”

The polarizing Tesla chief’s campaign to buy the social media giant sparked concern that his unpredictable statements and alleged bullying are contradictory to his stated aims for the platform.

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