A few hours ago, he hinted at being the company’s top boss after updating his profile bio to “Chief Tweet”.
A few hours ago, he hinted at being the company’s top boss after updating his profile bio to “Chief Tweet”.
Billionaire Elon Musk said he visited Twitter Inc’s headquarters in San Francisco on Wednesday ahead of a court-ordered deadline to close his $44 billion deal for the social media platform.
“Entering Twitter HQ – Let That Drown!” The caption of a video said that Mr Musk had tweeted in which he was walking into the Twitter office with a sink in his hand.
A few hours ago, he hinted at being the company’s top boss after updating his profile bio to “Chief Tweet”.
Twitter confirmed that Mr Musk would be visiting the San Francisco office this week, but declined to comment further.
Banks have started sending $13 billion in cash Support Mr Musk’s take on Twitter is in a sign the deal is on track to close by the end of the weekThe Wall Street Journal reported, citing people familiar with the matter.
Once the final closing conditions are met, Mr Musk will be made available funds to execute the transaction by Friday’s deadline, the report said.
Bank of America and Barclays declined to comment on the report when contacted by Reuters, while Morgan Stanley did not immediately respond to a request for comment.
in six months of a dramatic back-and-forth Since Mr. Musk announced his $54.20 per share bidtwitter at start Opposed the deal by consuming poison pill and later sued the world’s richest man after he announced plans to drop the offer over concerns about spam accounts on the platform.
Earlier this month, Mr. Musk offered to go ahead with his original $44 billion bidTwitter called for the lawsuit to end.
Tesla Inc’s CEO informed co-investors, who have committed to helping fund the Twitter deal, which he plans to close by Friday, Reuters reported on Tuesday.
Equity investors including Sequoia Capital, Binance, Qatar Investment Authority and others have received the necessary paperwork for a financing commitment from Mr Musk’s lawyers, Reuters reported.
Shares of Twitter were up about 1.1% at $53.91 in extended trading, slightly below Mr Musk’s offer price.