Elon Musk paid around $44 billion to acquire 100 percent stake in Twitter. It will now be a private company wholly owned by Elon Musk.
Many people shared their views about the acquisition on social media. While some appreciated the takeover, others felt it was detrimental. Some users felt that buying Twitter was a misplaced priority when there were so many pressing issues in the world like hunger, poverty, unemployment, climate change etc. They felt that the sum of $44 billion could have been used to solve some of these global challenges.
Musk has plans to make Twitter better by introducing new features like bringing in free speech, making the algorithms open source to increase trust, defeat spam bots and authenticate all humans.