Musk: the acquisition of Twitter will accelerate the creation of a full-featured application X

CTOnews.com October 5 news, today, Tesla CEO Elon Musk (Elon Musk) said that the acquisition of Twitter is to accelerate the creation of full-function App (the everything App)-"X" catalyst.

Musk added that the acquisition of Twitter may have advanced Project X by three to five years, "but I could be wrong." Although Musk did not disclose his plans for Twitter, he said the service could charge corporate and government users.

CTOnews.com learned that in April, Musk offered to buy Twitter for $54.20 a share.

Musk again agreed to buy Twitter for $54.20, according to the latest SEC filing. According to previous reports, Twitter issued a statement saying it had received a letter from Musk's lawyer. Sources said the deal could be done as early as Friday.

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"the document says Musk has agreed to continue to buy Twitter,440 at a price unchanged."

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