What's Next For Twitter?

The billionare has been itching to get his hands on the social media site - but we must wait and see what he does with it

- Adam Smith

Elon Musk's route to taking over Twitter has been long and winding. Three weeks ago, he was its largest shareholder with a seat on the board. Then he was off the board, with Twitter chief exec Parag Agrawal saying it was “for the best”. Now the entire company will be handed to the Tesla billionaire for £35bn.

Reaction has been swift among users of Twitter, which Musk has described as the world's “digital town square”.

But he will not take over for months yet as the deal is examined by financiers, as well by regulators in the US and Europe neither of which are expected to hold up the proceedings.

Twitter's shareholders will then need to vote on the deal, which is expected to close this year; while no other timetable has been set, the company has an annual meeting in May.