American billionaire and founder of Tesla Motors, Elon Musk has added to his growing list of investment portfolios the popular social media giant Twitter.

Reports emerging indicates that the business man parted with $44 billion after the Twitter board accepted his offer for the take over.

He had earlier twitted that he wanted even those opposed to his ownership of the site and general critics, remain on the site as that is the bedrock of free speech.

I hope that even my worst critics remain on Twitter, because that is what free speech means

— Elon Musk (@elonmusk) April 25, 2022

He also released a statement promising to make Twitter algorithms an open source for more transparency and to verify all humans using the site.