Elon Musk made an unannounced visit to Twitter’s San Francisco headquarters on Wednesday morning. It is said that the acquisition deal is nearing completion. Musk walked into the office with a basin in his hands.
Banks that pledged $13 billion in credit to Elon Musk for his Twitter acquisition have begun preparing this amount. The future social mediator owner sent the required documents to the financial institutions on Tuesday. who – which WritesThe Wall Street Journal Wednesday (local time). After months of uncertainty on Musk’s part, a deal is said to be imminent. The deadline is Friday.
Musk made a bid on Twitter for $44 billion in April, but withdrew it in June, because the messaging service lied to him about the number of active bot accounts on the network. Twitter took Musk to court on the matter, after which the billionaire quickly announced that he wanted to allow the deal. The news agency reported earlier this week Bloomberg Indeed, Musk is the possession for next Friday Regularly would like to be.
The Tesla chief made an unannounced visit to Twitter’s San Francisco headquarters Wednesday morning. He also changed the bio on his Twitter profile to “Chief Twit” and changed his location to “Twitter HQ”. The employees had received an internal memo announcing that Musk would address them on Friday.
The acquisition by Musk means Twitter will be deleted and shareholders will receive $54.20 for each share they own in the company. To raise funds for the acquisition, Musk has enlisted a number of well-known investors, such as the founder of the software company Oracle Larry Ellison and the crypto company Binance. Saudi Prince Al-Waleed bin Talal Al Saud maintains his stake in Twitter, which is just under 4 percent.
Musk previously announced that he has big plans for the social mediator, for example, he wants to significantly reduce the degree of moderation of messages and reform the entire business model. Also, at least three-quarters of employees will be fired once Musk takes the helm at Twitter, so mentionedWashington Post last week.
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