Elon Musk to buy Twitter for $44 billion


FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters

(Reuters) - Elon Musk clinched a deal to buy Twitter for $44 billion on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.

(Reporting by Akash Sriram in Bengaluru; Editing by Sriraj Kalluvila)

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Tech News

GM believes many of its EVs will qualify for tax credits in 2024
Tesla falls on long wait for Cybertruck payoff, hefty price tag
Crypto stocks set to start December on high note as bitcoin hits near 19-month high
Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill-sources
Generative AI a stumbling block in EU legislation talks -sources
Apple, Paramount discuss bundling their streaming services - WSJ
Fisker scales back production to divert cash for working capital
J-Pop duo Yoasobi SG fans’ phone numbers, email addresses leaked online during Ticketmaster sale
Meta must clarify measures against child sexual abuse by Dec. 22, EU says
Five telcos sign SSA for 70% equity in DNB, with each injecting RM233mil

Others Also Read