[ad_1]
This deal was under discussion between Elon Musk and the Twitter board for the last few days. There was uncertainty last week, but after the kind of offer given by Elon Musk, the Twitter board approved the deal. According to Reuters report, Elon Musk is ready to buy Twitter for $ 54.20 per share. This conversation has now moved forward. This simply means that Twitter will no longer be a public company but will grow as a private company.
What did Twitter CEO Parag Aggarwal say?
Twitter CEO Parag Aggarwal has said that Twitter has a purpose and relevance, which impacts the entire world. I am proud of my team.
Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. https://t.co/5iNTtJoEHf
— Parag Agrawal (@paraga) April 25, 2022
What did Elon Musk say on the deal?
Elon Musk has also tweeted. He has said that I hope that even my worst critics will remain on Twitter, because this is the meaning of free speech.
Musk wants to make Twitter like this
Describing free speech as the basis of democracy, Elon Musk said that he wants to take the product forward with new features. Want to bring the algorithm to open source to increase people’s trust in Twitter. Want to authenticate all humans by defeating spam bots. Musk has said that he looks forward to working with the company and the user community.
After the news of Elon Musk buying Twitter came to light, the company’s shares have seen a rise of 6 percent. Meanwhile, it is being said that after Musk takes charge of Twitter, the company’s CEO Parag Aggarwal may be on leave. If Musk does this, the company will have to pay more than Rs 300 crore to Parag.
[ad_2]