Twitter Board Supports Elon Musk’s Plan For Buyout

Twitter Board Supports Elon Musk’s Plan For Buyout

Elon Musk PURCHASE Update – A Unanimous Vote Reached!

( – In April, billionaire Elon Musk offered Twitter $44 billion to purchase the social media platform, but that deal has yet to close. Although the acquisition is currently in limbo due to some purchase requirements laid out by Musk, the Twitter Board of Directors convened on June 21 and unanimously voted to approve and proceed with the sale. If the Tesla CEO moves forward and shareholders agree to the sale, it could mean significant changes for the platform.

According to Musk, there are still a few issues with the purchase that haven’t bee resolved. The biggest thing holding up the purchase is his demand for more information about the number of fake accounts on Twitter. However, he didn’t provide any other details beyond some concerns about the social media site’s debt.

If the billionaire goes through with the buyout, he wants to make the platform attractive to more users by ensuring people will feel safe without fear of harassment. He says his goal is to have 80% of the population in North America on Twitter, which won’t happen if people aren’t comfortable on the social media site.

Musk’s view is that he wants users to be able to exercise their First Amendment rights and say what they want within the confines of the law, but “then limit who sees that based on any given Twitter user preferences.”

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