Elon Musk has taken a walk through what could be his latest business acquisition
Elon Musk posted a video of himself carrying a sink through Twitter HQ amid reports the $44bn takeover will close by the end of the week.
Meeting a lot of cool people at Twitter today!
— Elon Musk (@elonmusk) October 26, 2022
The caption reads “entering Twitter HQ – let that sink in!” A play on words for the sink he was carrying.
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Musk has also updated his bio on the social media platform, which now reads “Chief Twit”.
Yesterday, Ticker News reported the banks involved in the takeover have finalised the credit agreement and are now in the process of signing all relevant documentation.
This is the final step in the deal before the cash if officially released.
A beautiful thing about Twitter is how it empowers citizen journalism – people are able to disseminate news without an establishment bias
— Elon Musk (@elonmusk) October 26, 2022
The billionaire and business tycoon has promised $46.5bn in equity and debt financing for the takeover.
A number of banks, including Morgan Stanley and Bank of America, have assisted Musk with debt financing to support the deal.
