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France 24
France 24
Business

Twitter confirms sale of company to Elon Musk for $44 billion

Elon Musk ReutersElon Musk Twitter Inc.
Elon Musk's twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken on April 15, 2022. © Dado Ruvic/Illustration/File Photo, Reuters

Elon Musk clinched a deal to buy Twitter Inc for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person.

It is a seminal moment for the 16-year-old company that emerged as one of the world’s most influential public squares and now faces a string of challenges.

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