Elon Musk ‘Chief Twit’ visits Twitter HQ for deal deadline

by Janice Allen
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Elon Musk insinuated his Twitter deal Wednesday afternoon — on Twitter — ahead of the October 28 deadline to take over the company after trying to pull out of the deal.

He tweeted a video of him entering the San Francisco campus on Twitter. “Entering Twitter’s HQ – let that sink in!” He wrote.

Neither Musk nor Twitter had said whether the deal is closed yet.

Twitter confirmed Musk’s video tweet was real to the APbut did not comment.

At one point, he also changed his bio to “Chief Twit.”

Musk’s dealings with Twitter have turned into an epic public drama in recent months. He bought shares of the social media company, joined its board of directors, switched to acquire it in April, tried to pull out of the acquisition in July, then faced a lawsuit from Twitter that forced him to close it. to round.

In early October, Musk publicly stated that he will go through with the acquisition at its original price, approximately $44 billion. He said during a Q3 Tesla call that he is “obviously paying too much” for the company.

Twitter’s lawyers actually didn’t react well to this comment, saying it was an “invitation to further doom and delay”.

Judge Kathaleen St. Jude McCormick of the Delaware Chancery Court gave Musk until Oct. 28 to close the deal, after which the billionaire would have raised the billions needed to fund the acquisition. However, several outlets have noted that this converges into a many different economic environment than when the original purchase was planned in April.

Bloomberg reported On Tuesday Musk had told bankers that he intended to close the deal and that plans to move the money were in flux, per “people with knowledge of the matter.”

Musk has discussed what the platform could have in store, from railing from moderating content to firing 75% of staff for creating an everything app.

Twitter did not immediately respond to a request for comment.


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