Twitter users to ‘benefit’ from Elon Musk pulling out of deal to buy company

Elon Musk’s bid to buy the platform appeared to be on the brink of collapse (Yui Mok/PA)

Twitter users will “benefit” from Elon Musk’s move to pull out of the deal to buy the company, some experts say.

The Tesla and SpaceX boss’s $44bn bid to buy the social media platform appeared to be on the verge of collapse on Friday, after he sent a letter saying he is terminating the acquisition.