Elon Musk claims that he is buying Twitter to "help humanity" as the billionaire set out his aims for taking over the social media platform.

In a tweet, Mr Musk said he didn't buy the firm "to make more money. I did it to try to help humanity, whom I love".

The entrepreneur has until Friday to complete a $44bn (£38bn) takeover of Twitter or risk going to trial.

Earlier this week, Mr Musk published a video of himself walking into Twitter's headquarters carrying a sink, raising speculation about his aims for the firm.

He wrote that he wanted "civilization to have a common digital town square" but he denies the platform will take an anything-goes approach.

When Mr Musk first revealed plans to buy Twitter, he said he wanted to clean up spam accounts on the platform and preserve it as a venue for free speech.

"I'm excited about the Twitter situation," Mr Musk recently said during a call to discuss Tesla's financial results. Mr Musk is electric car maker's chief executive.

"I think it's an asset that has just sort of languished for a long time but has incredible potential, although obviously myself and the other investors are overpaying for Twitter right now," he added.

The company eventually filed a lawsuit to hold him to the deal, and Mr Musk revived his takeover plans on the condition that legal proceedings were paused.