On April 4, Elon Musk became Twitter's "largest shareholder and backed out at the last minute from an agreement to join Twitter's board of directors" with no explanation, per USA Today. Well, maybe it's because he had his eyes on an even bigger prize? Per Us Weekly, he is buying Twitter for a cool $44 billion. His deal was accepted on Monday, April 25.

"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 said in a press release shared in Us Weekly.

Does this mean he will lift the ban on Donald Trump from Twitter and roll out the red carpet to welcome him back? We don't know about that but you can expect some big changes with Twitter once he pays the $54.20 per share in cash, per Us Weekly.

Per Us Weekly, the Tesla CEO is focusing his energy on making "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," he stated in the release. The Time Magazine 2021 Person of the Year further said that he is looking forward to unlocking the untapped potential with the social media outlet and making it a new household name.

We are looking forward to seeing what happens next with the social media platform!