Trump Hails Musk's Twitter Takeover, Puts Up Cryptic Post On His Platform

Former U.S. President Donald Trump said he was happy Twitter Inc TWTR was in "sane hands" after Tesla Inc TSLA CEO Elon Musk formally took over.
Musk snapped Twitter for $44 billion in a deal finalized today.
Twitter CEO Parag Agrawal and Chief Financial Officer Ned Segal no longer remained employees of Twitter.
Musk will likely be the interim CEO until he chooses a replacement.
Trump did not offer any update regarding his return to his account after the platform banned him, Reuters reports.
Trump said he thought his own Truth Social media platform "looks and works better."
"I LOVE TRUTH," Trump wrote in a post on his platform.
Twitter banned Trump after the deadly January 6, 2021, attack on the U.S. Capitol.
Musk has said he would reinstate Trump's account, but Trump previously said he would not return.
Instead, Trump said he would begin posting on his platform Truth Social.
Truth Social is part of the Trump Media & Technology Group that is being taken public by the special purpose acquisition company (SPAC) Digital World Acquisition Corp DWAC.
Related: 'Drop To Your Knees And Beg' Donald Trump Goes After Elon Musk On Truth Social
Price Action: DWAC shares traded lower by 0.55% at $16.35 on the last check Friday.