Elon Musk and Twitter have reached a deal.
According to multiple news outlets, the social media platform has agreed to Musk’s $44 billion dollar bid.
From The Wall Street Journal…
The deal marks the close of a dramatic courtship and a sharp change of heart at Twitter, where many executives and board members initially opposed Mr. Musk’s takeover approach. The deal has polarized Twitter employees, users and regulators over the power tech giants wield in determining the parameters of acceptable discourse on the internet and how those companies enforce their rules.
The two sides worked through the night to hash out a deal. Earlier on Monday, The Wall Street Journal reported Twitter and Mr. Musk had reached an agreement to value Twitter at $44 billion.
The takeover, if it goes through, would mark one of the biggest acquisitions in tech history and will likely have global repercussions for years to come related to how billions of people use social media.
Breaking: Twitter accepted Elon Musk’s bid to take over the company, giving the world’s richest man control over the influential social-media network https://t.co/3zfPvsPOJL
— The Wall Street Journal (@WSJ) April 25, 2022
‘Bring Back Trump’ and ‘Reinstate Trump’ were trending on Twitter, with many GOP lawmakers weighing in.
.@ElonMusk now literally owns the libs.
— Lauren Boebert (@laurenboebert) April 25, 2022
Free speech is making a comeback. https://t.co/WMWZ4A4yHd
— Rep. Jim Jordan (@Jim_Jordan) April 25, 2022
Amazing to watch the Left panic at the prospect of free speech on Twitter. https://t.co/hBo2ewcqMJ
— Ted Cruz (@tedcruz) April 25, 2022
This story is developing…