Elon Musk Twitter Deal Closing Friday? Here's What We Know.
Is the tumultuous Elon Musk Twitter saga finally coming to an end? According to sources, Elon Musk has told bankers and co-investors who committed to fund his $44 billion Twitter deal that he would complete the acquisition process by Friday, Bloomberg. The highly anticipated deal, valued at $44 billion, has been fraught with uncertainty, but it appears a resolution is imminent. The much-awaited Elon Musk-Twitter deal is reportedly about to close this week. The information was conveyed to the debt bankers by Musk in a video conference.
Elon Musk confirmed on a video call with his advisers that he intends to close his $44bn acquisition of Twitter on Friday, potentially bringing an end to the turbulent [saga]. Sources familiar with the matter indicate that As Elon Musk pledged Monday to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal, according to people with [knowledge of the situation].
JUST IN: Elon Musk tells bankers he plans to close the $44 billion Twitter acquisition deal on Friday. According to the details conveyed to the banks by Elon Musk, the [deal is on track]. Elon Musk pledged to close the deal with Twitter in a video call with bankers and investors this week, as reported by Bloomberg. Furthermore, CNBC financial journalist [reported on the progress of the deal].
Adding to the narrative, Hace 2 días Elon Musk promised his bankers they would not lose money on the $13bn they lent to finance his Twitter takeover in 2025. The world’s richest man has now largely made good on [this promise]. While the formal announcement is still awaited, all signs point to a finalization this week.
This development follows months of back-and-forth and legal challenges. Many are wondering what changes Musk will implement once he officially takes control. We will continue to update this story as more information becomes available. While Elon Musk has closed his $44bn deal to take Twitter private, bringing an end to one of the most high-profile and dramatic buyout sagas in recent memory after months of [speculation], further details are still emerging.