October 28, 2022
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1:56Now PlayingAfter months of negotiations, Elon Musk bought Twitter for $44 billion. Here's what's next for the social media platform.
RELATEDTrump's Twitter account may be restored after Elon Musk buys Twitter
For most market watchers or even casual observers of headlines over the last several years, the last 24 hours have been big: Elon Musk, the celebrated space entrepreneur, prolific and provocative Tweeter and the world's richest man, has finally closed his $44 billion purchase of Twitter.
Elon Musk – who is also Tesla's CEO – confirmed the deal in less than 280 characters. He now holds one of the world's most powerful megaphones.
Here's what you – and Musk's 110 million followers – need to know about his acquisition of the social media platform and his ownership of what he calls a "digital town square."
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