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Elon Musk taking Twitter private in Sh5 trillion deal

Elon Musk's Twitter account is seen through the Twitter logo in this illustration taken, April 25, 2022. [Reuters]

Elon Musk clinched a deal to buy Twitter for Sh5 trillion ($44 billion) cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.

It is a seminal moment for the 16-year-old company that emerged as one of the world's most influential public squares and now faces a string of challenges.

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