What happens now that Elon Musk is buying Twitter

Elon Musk has taken control of Twitter after months of legal wrangling and negotiations, putting the billionaire in charge of one of the world’s largest social media networks.

The deal closed on Thursday, according to a person familiar with the matter who spoke on the condition of anonymity to discuss sensitive matters.

Musk bought the social media company for about $44 billion, matching the original price he offered earlier this spring.

The Twitter deal has had a tumultuous year — Musk tried to back out of the agreement this summer, and Twitter sued him to force him to honor the deal. Just weeks before the matter was set to go to trial, Musk again offered to buy the company.

What will happen now that Musk owns Twitter?