Elon Musk to buy Twitter for US$44bil and take it private

News about Elon Musk’s bid to takeover Twitter is tweeted on April 25, 2022 in Chicago, Illinois. Musk has described himself as a ‘free-speech absolutist’ but is also known for blocking or disparaging other Twitter users who question or disagree with him. — AFP

Elon Musk reached an agreement to buy Twitter for roughly US$44bil (RM191.53bil) on April 25, promising a more lenient touch to policing content on the social media platform where he – the world’s richest person – promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

The outspoken Tesla CEO has said he wanted to own and privatise Twitter because he thinks it’s not living up to its potential as a platform for free speech.