Wed Oct 5, 2022 – 3:11 pm EDT
(LifeSiteNews) – Tech mogul Elon Musk’s purchase of social media giant Twitter is back on, in yet another reversal following months of conflict over the true value of the company.
Twitter first announced the $44 billion sale in April, weeks after Musk, a vocal critic of speech discrimination by digital platforms, revealed his intentions to buy the platform, eliciting a wave of hyperbolic reactions from left-wing users. In the following weeks, however, the Tesla and SpaceX chief began making moves to pull out of the deal, claiming that bot accounts inflated the count of Twitter’s actual user base, and by extension its worth.
The reversal dashed many conservatives’ hopes that new management of Twitter would bring a renewed commitment to free speech on the platform, but CNBC reported Tuesday that Musk renewed his offer to purchase the company at $54.20 per share, and Twitter has agreed.
“Twitter shares closed up more than 22% on the news,” the report adds. “A deal could happen as soon as Friday, sources told CNBC.” Voice of America adds that while Twitter’s board of directors voted this week to accept the deal, it
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