Twitter Agrees to Be Acquired by Elon Musk

Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company for $44 billion and take it private, CNBC reports.

“Assuming the deal closes and Musk takes ownership of Twitter, the company will be controlled by the world’s richest person and someone who’s been a heavy critic of the platform while using it in legally contentious ways, mostly through sensitive posts about his car manufacturer, Tesla.”

Axios: “This is an earthquake in global media and politics, where Twitter hosts the discourse. It’s sure to be criticized by those who disagree with Musk’s laissez-faire views on content moderation and cheered by those who believe Twitter has been too heavy-handed with its block button.”

Vanity Fair: Trump’s Truth Social appears officially fucked.