“Entering Twitter HQ – let that sink in!” Musk tweeted.
Representatives for Musk and Twitter are working to iron out terms on the transaction before a 5 p.m. ET Friday deadline.
A finalized deal would mark the end of a months-long saga in which Musk agreed to buy Twitter for $54.20 per share and then changed his mind due to concerns about spam bots – only to reverse course again and say he would proceed on the original terms.Elon Musk carried a sink into Twitter’s office.Musk’s co-investors, including Oracle co-founder Larry Ellison and Saudi Prince Alwaleed bin Talal, are chipping in with $7.1 billion toward the purchase price.
The billionaire has pledged to lead an overhaul at Twitter with an emphasis on free speech. Musk has also hinted that his Twitter takeover will facilitate his plans to build a “super app” called X, with functionality likely similar to China-based app WeChat.Musk’s looming involvement has been a source of consternation for Twitter employees and purportedly contributed to a mass exodus of staffers in recent months.