If Twitter goes private, how will it change and what could it do?

If Elon Musk and Twitter get their way, the company will soon be privately held and under the billionaire's control.

The most obvious immediate change would be Twitter's stock being taken off the New York Stock Exchange. But the company would also likely be freed from having to give regular updates about its business to U.S. regulators and to Wall Street.

One important change for Twitter users is that the company would likely have more freedom to make big or unpopular changes. That's because it wouldn't have to worry about potential blowback from Wall Street.