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Elon Musk just took over Twitter for $44-billion

by Lorraine Carpenter

“I hope that even my worst critics remain on Twitter, because that is what free speech means.”

Twitter has confirmed that Tesla/SpaceX CEO Elon Musk has officially taken over the social media company in a $44-billion deal.

The board at Twitter accepted Musk’s offer to take the company private at $54.20 per share, ending several weeks of hostile takeover negotiation and poison-pill threats.

Elon Musk just took over Twitter for $44-billion

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by Lorraine Carpenter

Editor in chief
Lorraine Carpenter was born in Montreal and studied communications and journalism at Concordia. She co-founded Cult MTL in 2012 following 12 years at the now-defunct Montreal alt weekly the Mirror, where she worked in editorial as copy editor and music editor. She’s dedicated to supporting the cultural scene in Montreal.