Elon Musk to buy Twitter in £34billion deal expected to close this year

Daily Mirror says Elon Musk has struck a deal to buy Twitter for £34billion.

The transaction is expected to close this year, with the Tesla founder agreeing to pay £42.57 for every Twitter share.

It means the social media platform will become a private company, owned by the world’s richest man.

Musk, who is worth an estimated £214billion, has promised that Twitter will continue to be a platform for free speech.

Earlier today, he tweeted: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”

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