Billionaire business man, Elon Musk has finalized the deal to buy the popular social media platform, Twitter.
He has agreed to take over the social media platform having agreed on the sum of $44 billion in a transaction that was sealed on Monday.
This new development, however put the world’s richest man in control of the social media platform.
The possibility of the agreement seemed fluctuated over the past few days.
Even though Twitter previously seemed uninterested in the earlier unsolicited offer to buy the platform, the billionaire investor purchased a 9.2% stake in the organization.
Musk has offered to strengthen free speech on the platform, in a bid to promote transparency and openness.
He had also suggested an edit button, and subsequently conducted a poll trying to know the position of the members of the public on the subject matter, over 4 million people had supported the edit button.
In a tweet of his, following the seal of the agreement, Musk offered to improve better than he met it and especially by introducing new features that will make the platform much interesting to its users.
While making clarification on the free speech idea, Musk said: “I hope that my worst critics remain on Twitter, because that is what free speech means,” he said.
He wrote, “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”