Elon Musk seals Twitter takeover in $44bn deal - BBC News

2 years ago
13

Elon Musk seals Twitter takeover in $44bn deal - BBC News
The social media platform Twitter is finally in the hands of the world's richest man - with questions over whether its new owner will loosen regulations covering hate speech, misinformation and fake news.

Elon Musk completed the takeover - which is worth more than $44 billion - and swiftly began making changes at the company. A number of top executives are said to have been fired.

On sealing the deal, Mr Musk tweeted “Let the good times roll”.

He has said previously that he believes in what he calls “absolute free speech” - and today Donald Trump, who is banned from the platform, said Twitter was “back in sane hands”.

Elon Musk also announced the setting up of a new council with "widely diverse viewpoints" to moderate Twitter posts.

Reeta Chakrabarti presents BBC News at Ten reporting by technology editor Zoe Kleinman and James Clayton in San Franscico

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