Ringo H W Chiu/AP/Shutterstock Elon Musk is going to be the new owner of Twitter. According to MSNBC, Musk will follow up the $44 billion purchase by taking the company private. When the transaction finishes, stockholders will receive $54.20 in cash for each share.
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‘Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,’ Musk said on Twitter. ‘I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.
