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HomeCelebrityTHIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:

THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:

On April 25th, 2022, Elon Musk the one who likes to be identified as a ‘free speech absolutist’ stroke a deal of buying this hugely popular microblogging social media application, Twitter at $44 Billion.

THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:
THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:

With an expenditure of $44 Billion, Elon Musk now owns Twitter. Musk’s stake in Twitter was brought to light before the public by the 4th of April 2022. Right after ten days, Musk proposed his offer to own Twitter, later filed with the US Securities and Exchange Commission. The board members and executives of Twitter agreed to Elon’s proposal on the 25th of April 2022.

THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:
THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:

It was April 14th, 2022 when Musk made an offer to purchase twitter at $54.20 with the share in cash. Ironically, musk enjoys being defined as a ‘free speech absolutist,’ however, he has gained quite a popularity for restricting and blocking Twitter accounts that tend to question his actions or disagree with him.

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THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:
THIS IS HOW ELON MUSK PULLS OFF TWITTER FOR $44 BILLIONS:

The brand new owner of Twitter, Elon Musk is among the top 10 most-followed people on Twitter with approximately 84.3 million followers. “For a regulated functioning of democracy, free speech is the foundation and for the same, Twitter is a digital park where situations crucial to the upcoming humanity are revised and debated.” said the billionaire after the deal.

In recent weeks, he has proposed relaxing Twitter content restrictions, such as the rules that suspended former President Donald Trump’s account, while ridding the platform of fake “spambot” accounts and shifting away from advertising as its primary revenue model.

Musk believes he can increase revenue through subscriptions that give paying customers a better experience, possibly even an ad-free version of Twitter.

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