Highlights:
- In preparation for the completion of his $44 billion purchase of Twitter, Elon Musk has updated his bio to include the title “Chief Twit.”
- Elon Musk made a trip to the headquarters of Twitter in San Francisco, where he was seen lugging a sink through the workplace hallways.
- Elon Musk has posted a clip of himself coming inside the offices of Twitter, which has stoked speculation on the future of his proposed acquisition of the company.
On Wednesday, after altering his Twitter bio to refer to himself as Chief Twit, Elon Musk arrived at the Twitter headquarters in San Francisco bringing a sink through a lobby area stating that “he was trying to sink in”.
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
At the beginning of this month, he gave his consent to go ahead, and this was just a few short weeks before a court trial was scheduled to begin on those steps. After Musk attempted to back out of the transaction in the past, a judge has given him until this coming Friday to complete the contract he made in April to purchase the firm.
The deadline for the tycoon to finalize the $44 billion (£38 billion) acquisition which he proposed some months ago but then attempted to back out of.
According to Mr. Musk, the social networking website needs considerable improvements. At least one story suggests that he is preparing significant cutbacks to the workforce. It was unclear if the CEO of Tesla spoke with officials at Twitter on Wednesday, yet on the social media site, he put his location as the Twitter Offices in San Francisco.
When Elon Musk originally announced his intentions to purchase Twitter, he said that he intended to rid the site of spam accounts while still ensuring that it would continue to function as a platform for freedom of speech and expression.
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However, only a few weeks later, the wealthiest man on the planet and a prominent Twitter user renowned for his impulsive nature, decided against making the acquisition. He cited worries that the number of fraudulent accounts on the website was more than Twitter stated it was.
Executives at Twitter refuted the allegations and said that Mr. Musk wanted out of the company since he was concerned about the stock price. It finally launched a lawsuit to bind him to the arrangement, and Elon Musk renewed his acquisition intentions for the corporation on the premise that legal procedures be delayed.
Investors have expressed their doubt that the buyout would go through, particularly since Mr. Musk is seen to be proposing a high price for a company that is having trouble growing and attracting customers. However, the transaction has to be finalized by October 28, or else he would be taken to court over the contract.
Mr. Musk is the third-most followed person on Twitter after former US Prez Barak Obama and Justin Beiber, and his recent Twitter video was surely something that people can’t, in fact, sink in.
