Billionaire Elon Musk is set to buy Twitter for approximately £34.5 billion after reaching an agreement with the company.
Musk, who is the world's wealthiest person, said he wanted to buy the social media site because he thinks it is not living up to its potential as a platform for "free speech".
The outspoken Tesla CEO said it needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the "societal imperative" of free speech.