Elon Musk acquires Twitter for roughly $44 billion

The company’s board and the Tesla CEO hammered out the final details of his $54.20 a share bid.

Elon Musk acquired Twitter for $44 billion on Monday

He said he sees Twitter as essential to the functioning of democracy and said the economics are not a concern.

“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,” Musk said