With Deal for Twitter, Musk Lands a Prize and Pledges Fewer Limits
Elon Musk to buy Twitter
Twitter agreed to sell itself to Elon Musk for $44 billion, making it the biggest deal to take a company private in at least two decades
The deal raises questions about what he will do with the platform and how his actions will affect online speech globally
Could be treacherous for online speech because he might not be in favor of Twitter's community standards and barring users who violated those standards
Elusive Politics
Musk is often described as a libertarian, but he has not shrunk from government help when it has been good for business
His plan for a Twitter takeover adds to the challenges facing the former president's nascent Truth Social network
Republicans, who have long accused Twitter of censoring their views, cheered Mr. Musk's deal
Beyond speech issues, Twitter faces questions about its business
The deal came together in a matter of weeks
Twitter's executives initially welcomed him to the board of directors, but he reversed course within days and instead began a bid to buy the company outright.
Over the weekend, in a series of calls and video meetings, Twitter's board and the billionaire's deal makers hashed out terms for the purchase.
The deal, which has been approved by Twitter's board, is expected to close this year, subject to a shareholder vote and certain regulatory approvals.
In the employee meeting, Mr. Agrawal acknowledged the uncertainty ahead. "Once the deal closes, we don't know what direction this company will go in," he said.