Prior to a deadline set by a court for the completion of his $44 billion acquisition of the social media platform, businessman Elon Musk claimed to have visited Twitter Inc.’s headquarters in San Francisco on Wednesday.
The caption of a video Musk posted of himself entering the Twitter office while holding a sink said, “Entering Twitter HQ let that sink in!”Hours before, after changing his profile’s bio to “Chief Twit,” he made a hint that he was the organization’s top executive.
This week, Musk will visit the San Francisco office, according to Twitter, which opted not to provide further details. Banks have started transferring $13 billion in cash to support Musk’s purchase of Twitter, suggesting that the deal will be finalised by the end of the week.
Once all closing requirements have been met, the money will be made available to Musk so that he may finish the acquisition by the deadline on Friday, according to the article.When contacted for comment, Bank of America, Barclays, and Morgan Stanley all declined, however Morgan Stanley did not immediately answer.
When the richest man in the world revealed plans to reject the offer owing to worries about spam accounts on the network, Twitter originally rejected the transaction by applying a poison pill and later sued him. Since Musk made his $54.20 per share offer public, there has been a dramatic back and forth for the past six months.
Elon Musk called for the termination of Twitter’s lawsuit earlier this month when he suggested moving forward with his original $44 billion offer.The CEO of Tesla Inc. informed co-investors who agreed to contribute to the financing of the Twitter deal that he intends to close it by Friday.
