Elon Musk has taken management of Twitter after months of authorized wrangling and negotiations, placing the billionaire in control of one of many world’s largest social media networks.
The deal closed on Thursday, based on an individual conversant in the matter who spoke on the situation of anonymity to debate delicate issues.
Musk purchased the social media firm for about $44 billion, matching the unique value he supplied earlier this spring.
The Twitter deal has had a tumultuous yr — Musk tried to again out of the settlement this summer season, and Twitter sued him to drive him to honor the deal. Just weeks earlier than the matter was set to go to trial, Musk once more supplied to purchase the corporate.
What will occur now that Musk owns Twitter?