Elon Musk signs deal to buy Twitter

Elon Musk, the world’s richest person, CEO of Tesla and SpaceX, announced that he will sign the deal to buy Twitter on Friday. It was seen that Musk, who shared his social media account, was carrying a sink in his hand while entering the Twitter center.

Elon Musk made this statement in a video conference with the officials of the banks that financed him for the acquisition.

Bloomberg reported that banks, which provided approximately $13 billion in financing for the acquisition, are preparing to finalize the loan agreement.


The video shared by Tesla and SpaceX Senior Manager Elon Musk as she entered the center of Twitter yesterday, after the agreement of the $ 44 billion purchase agreement was reached earlier this month, caused different comments.

In the video, Musk is seen carrying a kitchen sink as she enters the company’s headquarters in San Francisco.

In the post about the video, Musk used the expressions, “As you enter the main hub of Twitter – think well first”.

Comments were made that Musk entered the company with a sink stone and shared, a joke about the difficulties experienced in the process of acquiring Twitter, or a reference to the news of the dismissal of 75 percent of its employees after taking Twitter, which appeared in the Washington Post last week. Musk likewise changed his Twitter profile to “Chief supervisor”.


Elon Musk, who previously bought a 9.2 percent stake in Twitter, made an offer of $54.2 per share for the entirety of Twitter, in his notification to the SEC on April 14. In the statement made on April 25 on Twitter, it was reported that the agreement was reached to sell the company to Musk.

Musk announced on May 13 that the deal to buy the social media company Twitter for approximately $44 billion was temporarily suspended, and stated that “details of calculations are awaited as spam and fake accounts account for less than 5 percent of total users.”

On July 8, Elon Musk announced that he had terminated the agreement to buy Twitter, citing the violation of multiple provisions. Musk’s lawyers stated in a statement to the SEC that Twitter did not respond or refused to respond to multiple requests for information regarding fake or spam accounts on the platform, which is important to the company’s business performance.

Twitter, on the other hand, sued Musk for terminating the deal.