BREAKING: Elon Musk buys Twitter for $44B and will privatize company

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FILE - Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin Dec. 1, 2020. Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company. The Tesla CEO says in documents filed Thursday, April 21 with U.S. securities regulators that he’s exploring a tender offer to buy all the social media platform’s common stock for $54.20 per share in cash. (Hannibal Hanschke/Pool Photo via AP, File)
TOM KRISHER and MATT O'BRIENThe Associated PressElon Musk reached an agreement to buy Twitter for roughly $44 billion Monday, April 25, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.The outspoken Tesla CEO, who is also the world’s wealthiest person, has said he wanted to own and privatize Twitter because he thinks it’s not living up to its potential as a platform for free speech.Musk said in a joint statement with Twitter that he wants to make the service “better than ever” with new features, such as getting rid of automated “spam bots” and making its algorithms open to the public to increase trust.“Free speech is
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