Explainer: What’s next now that Twitter agreed to Elon Musk bid?

The social media giant employs 500 people at its European headquarters in Dublin

The social media giant employs 500 people at its European headquarters in Dublin. File picture: AP Photo/Richard Drew

Twitter’s acceptance of Elon Musk’s roughly bn takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.

The deal is expected to close sometime this year.