Elon Musk buys Twitter at last

is freed,” tweeted late on October 27th, after at last completing his acquisition of Twitter. The world’s richest man (and third-most followed tweeter, fast closing in on Justin Bieber) now owns arguably the world’s most influential news platform. He has already reportedly sacked Twitter’s chief executive and has changed his own Twitter profile to “Chief Twit”.Mr Musk spent most of the past six months trying unsuccessfully to wriggle out of the deal. In April he agreed to pay $44bn for the company, just as tech stocks started to slide. By July market value had fallen below $25bn. Since then the climate has only soured. This week Alphabet, Amazon and Meta all saw double-digit percentage drops in their share price. Twitter’s much-criticised board has in the end extracted what looks like a sweet deal for shareholders.