Twitter has confirmed that it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion.

This development was made known on Monday.

The sale, however, was a dramatic shift for the board, which had earlier plotted to block billionaire Musk from taking the social media network private.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk had said in a joint release announcing the takeover.

• Source: Punchng.com