Musk clinched a deal to buy Twitter Inc for 44 billion dollars.

Dublin, Wednesday 31th October 2013: Pictured at the The Web Summit 2013, RDS. Photo by Dan Taylor/Heisenberg Media

Twitter’s 500 Irish staff will be closely monitoring developments after the world’s richest person Elon Musk has sealed a deal to buy the platform for more than 41 billion euro.

The Tesla and SpaceX billionaire is promising to upgrade the social media platform with new features, including a potential edit button.

He’s also committed to being more lenient when it comes to policing users’ speech.

Shareholders will now be asked to approve the deal, meaning Twitter is now on course to be taken private.