Elon Musk, the CEO of Tesla and Space X, secured a deal with Twitter with a $54 per share price.
Musk will spend $44 billion on the Twitter acquisition The billionaire criticized the social network's moderation and rules but still used Twitter in his activities. His posts made the Dogecoin (DOGUSD) explode by 100 000% in 2021. Also, the Shiba token (SHBUSD) gained 1200% after Elon twitted that he bought a Shiba Inu dog.
Twitter stock (TWTR) rose by 34% since Elon talked about the purchase. The growth is likely to continue due to Elon's immense popularity and marketing skills. Now, the richest man on Earth wants to make Twitter a better place, including freedom of speech, opening the network code to everyone, and "authenticating all humans."
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