New report claims that Twitter is ready to accept Elon Musk's offer

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Photo courtesy of Financial Times

Not just you, we're also confused regarding the news of Elon Musk buying Twitter. A previous report claimed that the Twitter board was totally against the deal. However, the table might have just turned with this new information arrived by saying that the social media company is ready to take what Musk offers.

According to the sources that know what's up, Twitter could even announce the purchase as soon as today (maybe it's our tomorrow). However, there is still a possibility for the deal to get dropped. To recap, Musk has offered to buy 100% of the company for $54.20 per share, or about $43 billion in cash.

If Musk landed the deal, the future of Twitter basically belongs to his control. That has worried some people by thinking he would allow Donald Trump to return to the platform, as he once stated he is "half Democrat, half Republican". Of course, there are good things that would happen from this acquisition, and one of them is Musk wants what users wants, which is the edit button. Besides that, he also seems to be a strong advocate of free speech, which could transform the platform to abide with that value.

What do you think about the news? Drop a comment to let us know your opinion, and stay tuned to TechNave.com for the latest tech report.