Elon Musk Plans to Take Twitter Public

Elon Musk, who agreed to privatize Twitter Inc. with a $44 billion deal, told potential investors that it could bring the social media company back to public ownership in just a few years.

Tesla CEO Elon Musk said that he plans to stage the IPO of Twitter within three years of buying it. The company said that the deal is expected to complete this year, subject to conditions including the approval of Twitter shareholders and regulators. Mask's signal that he's planning something that could help reassure potential investors that he's working swiftly to improve Twitter's business operations and profitability. 

Elon Musk has given some details about his exact plans for the company, other than saying that he wants to be less censorious in content moderation. At a point, he even said that the does not care whether he makes money on the deal.

Mr. Musk is the richest man in the world, but it has never been so easy to put together the money to close a deal. When he succeeded, expected resistance from Twitter eased and both sides soon agreed to trade at his original offer price of $54.20 per share.