Credit: Edgar Cervantes / Android Authority
- Billionaire Elon Musk will buy Twitter for $44 billion.
- Twitter’s board approved the sale today.
- It is unclear how this will affect Twitter in the short- and long-term.
After a rollercoaster ride of offers, rejections, and re-offers, it’s official: Elon Musk will buy Twitter (via CNBC).
Twitter’s board today approved the sale of the social networking platform to Musk, who is by some metrics the world’s richest man. Musk will pay $44 billion for the platform, which is significantly more than the site’s current market value.