Musk Completes Twitter Takeover

Musk Completes Twitter Takeover Musk Completes Twitter Takeover (AP)

By Newsmax staff | Thursday, 27 October 2022 09:10 PM EDT

Elon Musk's acquisition of Twitter is now a done deal, according to the Washington Examiner and wire service reports. With that, the world's richest man has taken the reins of perhaps the most influential platform on social media, suggesting he has plans for significant content changes.

The takeover, for which Musk offered $44 billion, follows months of legal wrangling.

The Examiner report said Musk now has a chance to overhaul an enterprise he hopes to make profitable and, in his view, less inclined to censor dissenting views and controversial posters.

One move he may be eyeing is restoring former President Donald Trump's acccount, though Trump, barred from Twitter amid claims his frequent posts were misleading and inciting, has indicated he has no plan to go back on what was once his favorite web platform.

Reports said Musk assumed control Thursday night, with the chief executive and chief financial officer exiting Twitter's San Francisco HQ with no plans to return.

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