The rumors that have been swirling around are coming true: Elon Musk is set to own Twitter.
USA Today reports that Musk will purchase the platform for $44 billion, which will make it a privately owned company.
"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," said Musk in a statement. "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."
Musk is currently the CEO of Tesla. Read more here.