October 27, 2022

Elon Musk To Close $44 billion Twitter Deal

Elon Musk known for playing elaborate silly jokes brought a sink to Twitter HQ and tweeted "Let that sink in"

Musk also changed his Twitter profile to refer to himself as “Chief Twit” and his location to Twitter's San Francisco headquarters.

According to Bloomberg, Musk said in a videoconference that the deal with Twitter will close on Friday, October 28.

Musk's conference call was with the financial team and he is reportedly opening a $13 billion line of credit from them.

In a recent tweet, he also detailed how Twitter empowers people.

Musk's initial bid to buy Twitter was revealed on April 14. Twitter blocked the deal, but on April 25, they accepted a $44 billion offer.

Dogecoin is up 15% in 24 hours, despite Musk's Twitter crypto plan being uncertain.