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Elon Musk to buy Twitter

International

Elon Musk to buy Twitter

RedFM News
RedFM News

06:44 26 Apr 2022


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The world's richest person Elon Musk has sealed a deal to buy Twitter for more than $44bn.

The Tesla and SpaceX billionaire is promising to upgrade the social media platform with new features, including a potential edit button.

He's also committed to being more lenient when it comes to policing users' speech.

Sky's US correspondent Greg Milam, says Elon Musk has some big ideas.

"He talked about whether there could be a paid for, premium Twitter service.

"He said it could use his cryptocurrency that he often jokes about - so whether or not he's serious isn't clear yet."

Shareholders will now be asked to approve the deal, meaning Twitter is now on course to be taken private.

Matt Navarra is a social-media consultant, and says not everyone will be happy about it's new ownership.

"Elon Musk will bring a lot of controversy that he and his account already brings with it.

"That sort of attention, those sort of problems are ones that Twitter could do without.

"Users and staff at Twitter will probably be very frightened today about what the future holds for the platform."


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