The deal was being discussed between Elon Musk and the Twitter board for the past few days. There was uncertainty in this last week, but after the kind of offer made by Elon Musk, the Twitter board approved the deal. According to a Reuters report, Elon Musk is ready to buy Twitter for $ 54.20 per share. This conversation has now moved on. This simply means that Twitter will no longer be a public company but will move forward as a private company.

What Twitter CEO Parag Agarwal said

Twitter CEO Parag Agarwal has said that Twitter has a purpose and relevance, which affects the whole world. I am proud of my team.

Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. https://t.co/5iNTtJoEHf

— Parag Agrawal (@paraga) April 25, 2022

What Elon Musk said on the deal

Elon Musk also tweeted. He has said that I hope that even my worst critics remain on Twitter, because this is what free speech means.

Want to make Twitter a mask

Describing free speech as the cornerstone of democracy, Elon Musk said he wants to push the product forward with new features. Want to bring the algorithm to open source to increase people’s trust in Twitter. Wants to authenticate all humans by defeating spambots. Musk has said that he looks forward to working with the company and the user community.

Shares of the company have seen a rise of 6 percent after news of Elon Musk’s purchase of Twitter surfaced. Meanwhile, it is being said that the company’s CEO Parag Agarwal may be on leave after Musk takes over the reins of Twitter. If Musk does this, then the company will have to pay more than Rs 300 crore to Parag.