Elon Musk’s takeover of Twitter: 5 latest developments
Elon Musk agreed to acquire Twitter in April this year. Now, after a seven-month-long saga of petulant tweets, accusations and legal scuffles, the world’s richest man finally completed his acquisition of the world’s fifteenth most popular social media platform.
But now, the fun and games are over and it is time for Elon Musk to prove that he can turn around the fortunes of the company amidst rising pressure from creditors and advertisers alike. As part of these efforts, Musk has announced a set of sweeping changes to the platform, including charging $8 for the coveted blue checkmark.
Here is everything you need to know about what has happened since Elon Musk took over at Twitter and what he said he plans to do with the platform.