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Elon Musk Twitter deal - live: Musk breaks silence as Tesla CEO’s $44bn Twitter buyout is accepted

Elon Musk reportedly offering to buy Twitter again

Elon Musk on Tuesday revived his offer to buy social networking site Twitter for $44bn, after previously attempting to back out of the high-profile deal.

The Tesla billionaire proposed the price, which equals the original valuation of $54.20 a share, in a letter to Twitter filed on Monday with the Securities and Exchange Commission.

Mr Mus broke his silence on the deal on Twitter late Tuesday, writing: “Buying Twitter is an accelerant to creating X, the everything app”.

In July, Twitter sued Mr Musk for what it said was his “wrongful” attempt to cancel his offer, a case that may force the entrenpreneur into acquiring the company.

Without an agreement, proceedings in the case are set to begin within days, with Mr Musk scheduled to be deposed in Texas later this week.


Twitter users slam Elon Musk’s proposed takeover

It did not take long for Twitter users to take to the platform and condemn Elon Musk’s proposed $44bn takeover of the company.

“Neither Musk nor Twitter’s current management seem to care much about Twitter’s users or employees,” tweeted Judd Legum.

And NFL reporter Mike Freeman of USA Today, also slammed it.

“Take a good look around Twitter. Cause if you think the racists, trolls and trash bag humans are out in force now, wait until Musk runs it. It’s gonna be unrecognizable. Most of us are going to head to the escape pods,” he tweeted.


Elon Musk breaks silence on Twitter purchase and offers vision of platform’s future

Elon Musk has broken his silence on his proposed $44bn purchase of Twitter and offered a vision of the social media platform’s future under his ownership.

The billionaire Tesla and SpaceX CEO took to Twitter on Tuesday to seemingly say that obtaining Twitter was the first step in creating a new “X” app, similar to China’s WeChat.

Billionaire tweeted that buying company ‘is an accelerant to creating X, the everything app’


ICYMI: Zelensky fires back at Elon Musk’s ‘insane’ Twitter poll on Russia Ukraine peace

Ukraine’s president Volodymyr Zelensky has fired back at Elon Musk’s “insane” Twitter poll on Russia-Ukraine peace proposals.

The Tesla titan took to Twitter and proposed a string of ideas to solve the eight-month conflict, asking his followers to vote “yes” or “no” on his proposals, which included formally allowing Russia to annex Crimea.


Elon Musk breaks silence on Twitter offer

The billionaire took to Twitter on Tuesday afternoon and talked about his vision for Twitter.

“Buying Twitter is an accelerant to creating X, the everything app,” he tweeted.


Self-proclaimed ‘socialist’ to ‘red pill’ anti-lockdown crusader: What are Elon Musk’s politics?

The Tesla and SpaceX tycoon has donated to both parties and attacked everyone from Joe Biden through Donald Trump to trade unions and ‘pronouns’, but underneath it all there is a consistent ideology, writes Io Dodds.

Is Elon Musk Republican or Democrat?


Timeline of Elon Musk’s battle for Tesla

Here’s a look at some of what’s transpired between the Tesla titan and the San Francisco-based social media platform.

Reports say Elon Musk is proposing to go through with his $44 billion takeover of Twitter, a move that would end a legal fight between the billionaire and the social media company


Elon Musk buys Twitter – again: Tesla CEO renews $44bn offer in shocking twist

Elon Musk looks set to purchase Twitter and take it private, months after trying to back out of the deal. Mr Musk revived his original offer of $44bn (£38bn) to purchase the company, which the tech platform has accepted.

The billionaire made the offer of $54.20 a share in a letter to Twitter filed with the Securities and Exchange Commission on Monday.

Adam Smith has the story.

Elon Musk will pay the original $44bn price for Twitter despite his complaints about bots on the platform


How Twitter responded to Elon Musk’s letter

Elon Musk offers to buy Twitter for second time


How Twitter responded to Elon Musk’s letter

“Twitter issued this statement about today’s news: We received the letter from the Musk parties which they have filed with the SEC. The intention of the Company is to close the transaction at $54.20 per share,” the company’s investor relations account stated on Twitter.


Media watchdog brands Musk-owned Twitter a ‘supercharged engine of radicalization’

Angelo Carusone, president of Media Matters for America, has slammed the seemingly imminent takeover of Twitter by Elon Musk.

“From the outset, Elon Musk’s desire to take over Twitter was about advancing his own red-pilled ideological agenda. He was explicit about his intentions, which is why right-wing extremists celebrated the news.

“This isn’t alarmism, this is fact. Musk made it clear that he would roll back Twitters’ community standards and safety guidelines, reinstate Donald Trump along with scores of other accounts suspended for violence and abuse, and open the floodgates of disinformation. In effect, Musk will turn Twitter into a fever swamp of dangerous conspiracy theories, partisan chicanery, and operationalized harassment.

“Twitter’s advertisers and media buyers already rejected this. Rightfully so. The sale of Twitter is the end of the company as we know it, and the beginning of a more toxic platform with incredible potential for real-world harm.

“All these warnings could actually end up being understated depending on how Musk is financing this most recent offer. That’s the single most important question in determining if this will be really bad or even worse.”