People are asking a lot of questions about what's going on and why as the world's richest man closes a deal to buy Twitter.

Elon Musk, a tech entrepreneur, bought Twitter for $44 billion on Monday. It's a significant change for the social media firm, which has struggled to grow its user base and increase profitability.

As a result, below are some of the responses to frequently asked questions about Twitter's sale, based on our analysis of those inquiries:

What will happen to my Twitter stock?

When Twitter goes private, the public won't be able to buy shares on stock exchanges like the New York Stock Exchange.

According to NationalWorld, after the deal closes, Twitter will make a "tender offer" to investors, allowing them to sell their shares at the price agreed upon by Twitter and Musk.

Who owned Twitter before Elon Musk?

As per CNN Business, the Vanguard Group was the largest stakeholder prior to Musk's takeover, with a little more than a 10% stake.

Is Twitter a private company now?

No, not yet. Musk's offer still needs to clear many layers of red tape, but Twitter is more than likely on schedule to complete the buyout.

How Elon arrange the money to buy Twitter?

Musk is paying nearly two-thirds of the acquisition price with his own money, including $21 billion in cash. Tesla stock is worth another $12.5 billion.

Why did Elon Musk buy Twitter?

His private intentions are unknown, but his occasionally controversial — tweets have often slipped into the "not quite criminal" category, which he has pushed to allow.

Didn't Musk try to buy Twitter before?

Earlier this year, he revealed he had bought a 9.2% stake in Twitter which earned him a seat on the company's board.

Shortly after, he made his initial offer to buy Twitter, paying $54.20 per share to stockholders. Twitter implemented a "poison pill" protection, in which Musk's stock would split if he ever held more than 15% of Twitter.

Will Twitter change as Elon Musk bought it?

Elon says he acquired Twitter because it wasn't following its free speech ideals, and plans to alter some of the platform's anti-disinformation policies.