China News Service, April 26 (Xinhua) According to a comprehensive report, on the 25th local time, Tesla CEO Elon Musk, the world's richest man, reached a final agreement with Twitter's board of directors to acquire it at a price of $54.2 per share. worth about $44 billion.

  Reuters reported that the Twitter deal has been approved by the board of directors and is still subject to a shareholder vote.

Analysts said no regulatory hurdles were expected.

  After reaching an agreement with Twitter, Musk said, "Twitter is a digital speech square, where matters of great importance to the future of mankind can be discussed."

  The White House declined to comment on Musk's acquisition of Twitter, but said President Biden has been very concerned about the power of social media platforms.

Data map: Musk.

Musk's 'love-hate relationship' with Twitter

  Earlier this month, Twitter announced that Musk would become a member of Twitter's board of directors.

In response, Musk said he was looking forward to working with Twitter CEO Parag Agrawal and Twitter's board of directors to make significant improvements to Twitter in the coming months.

  But on the evening of the 10th, Twitter CEO Agrawal announced that Musk would no longer join the board.

  After that, Musk launched an acquisition of Twitter, offering to buy 100% of its stock and take it private.

Musk has reported in a regulatory filing that he already owns about 9 percent of Twitter, making him its largest shareholder.

Data map: Musk's Twitter account.

How might Twitter change in the future after being acquired

by Musk ?

  The Wall Street Journal has said that Musk suggested adding a tweet editing feature to fix errors in tweets that have already been posted.

Earlier this month, he polled Twitter users on whether they would like to add a tweet editing feature. More than 4 million users voted, and more than 70 percent of respondents said they would like the feature.

  Musk also suggested that Twitter's algorithm be open-sourced, meaning that others outside the Twitter company would be able to view the source code and suggest fixes and changes.

  Fighting the proliferation of "bots" on Twitter may be another change Musk likes.

Such "bots" refer to fake accounts that are programmed to respond to tweets on specific topics.

According to NPR, while Musk did not explicitly say he is willing to crack down on such "bots," he suggested that fraudulent "bots" that facilitate cryptocurrency transactions should be cracked down.

  Musk also said last week that "if our Twitter bid is successful, we will defeat the 'spam bots'." He wants to "validate all real humans."

Data map: Former US President Trump.

Trump rules out return to Twitter

  Earlier, U.S. Republican lawmakers welcomed Musk's proposal to buy Twitter, demanding that if the acquisition succeeds, he should reopen the Twitter account of former President Trump.

However, Fox News reported that Trump will not return to Twitter despite Musk’s acquisition of Twitter.

  Trump said on April 25 that he would officially join "TRUTH Social" (meaning "true social") on his own social media platform over the next seven days as planned.

"I want Elon to buy Twitter because he's going to improve it, he's a good guy, but I'm staying at TRUTH," Trump said. Trump's Twitter account was blocked in January 2021.