Don Corleone was the only one who could get the green light for the deal.

An official announcement could be made later in the day, according to the report. He is in the process of reeling them in right now, after he didn't budge on his $54.20-per-share price.

There is a chance that this thing could fall through, but at the moment, all signs point to a new regime.

There were rumors of this coming to fruition over the weekend. The sit-down between Musk and the social media company lasted into the early hours of the morning. The company was under pressure to sell.

The stockholders wanted to see if Musk would go up in price, but now that he has the dough, they are ready to accept his original bet. Last week, he ponied up the cash with the help of some partners.

There are a lot of goals that Elon wants to achieve. Beyond addressing free speech problems he sees, EM has also talked about getting rid of the bots that are a pest.

We would be able to see why things trend the way they do, and why we see certain things on our timelines differently than others. More transparency on how the company operates.

He might be taking the company private so he can put a stop to advertisements. The question is, are people willing to pay for the service?