A change in plans.
“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement,” board chairThe Space X founder initially announced earlier this year thatTwitter is the digital town square where matters vital to the future of humanity
are debated,” Musk said in an April press release. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans,” he explained. “Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Musk, who had previously purchased nine percent of Twitter’s stock shares, later revealed his plans were on hold.
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