Elon Musk and Twitter have reached a deal. Recode’s Peter Kafka and Shirin Ghaffary explain what it means for the business of Twitter, and for free speech on the platform. This episode was produced by Miles Bryan and Hady Mawajdeh, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Sean Rameswaram, who also edited. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices