Elon Musk officially becomes Twitter's new landlord

Elon Musk officially becomes Twitter's new landlord

Tesla Chief Executive, Elon Musk, has completed his $44 billion acquisition of popular social media site, Twitter.

The world's richest man confirmed this in a post on his verified Twitter handle on Thursday.

Musk had been locked in court battle with Twitter after the company filed a notice with the US Securities and Exchange Commission to terminate the acquisition due to bots and phony accounts.

"Chief Twit," the Tesla boss stamped on his verified Twitter handle with 110million followers.

Prior to the confirmation on Thursday, Musk made the headlines by visiting Twitter's headquarters with an actual sink; a video post which attracted over a million reactions on his verified page.

"Entering Twitter HQ – let that sink in! Meeting a lot of cool people at Twitter," he captioned the video.

Announcing the completion of the deal, Musk said partly, "There is currently great danger that social media will splinter into far right wing and far left-wing echo chambers that generate more hate and divide in our society.

He continues, "In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in the money, but, in doing so, the opportunity for dialogue is lost.

"That is why I bought Twitter. I didn't do it because it would be easy. I didn't do it to make more money. I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility."

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