Elon Musk is Twitter’s new CEO!
The world’s richest man is said to have struck a massive bombshell deal that has left Twitter’s board with no choice but to say yes.
According to media reports, the Tesla owner has agreed to pay out a handsome sum of money, which has been estimated to be around $54.20 in cash for every share of the company.
The news comes after weeks of speculations and bombshell negotiations but it seems like all of Musk’s hard work has certainly paid off.
The breaking move means full social media control and power gets shifted into Elon Musk’s direction. Did we mention how popular the social media app is with millions of users worldwide?
Musk has been hinting at the move for a while now, ever since he became the company’s largest shareholder and refused to take a seat on the Twitter board for this very reason.
Deal after deal, Elon Musk did his best to try and persuade so many people that he was capable of doing the job just as well as any other, despite having zero experience in the social media or app handling industry.
After taking control of Twitter, the new CEO of the platform mentioned how he promised to stay true to his vows of promoting free speech for all, and also shed light on defeating spam bots which have been another area of concern for so many people.
In addition to just that, Elon Musk revealed how he also planned on authenticating all humans while welcoming the stellar and new acquisition.
“I also plan on enhancing Twitter like never before with brand new features while serving to transform its algorithms more open source as a means of increasing trust with the audience”- he elaborated.
Whatever the case may be, the decision is huge and the task that lies ahead of the billionaire is definitely that has many people’s eyes glued to their screens.