Billionaire Musk posted a video on Twitter showing him carrying a sink into Twitter's headquarters, suggesting that the acquisition of the social network has paid off. The video received 1.1 million likes. On his Twitter account, the tycoon wrote "Entering Twitter headquarters" and then wrote "Meeting a lot of cool people at Twitter today!". In addition, Musk's more than 110 million followers on Twitter noticed that his Twitter bio had also changed. The term "Chief Twit" was added below his username. We also saw the millionaire's mockery of words again. Although Twit is an abbreviation of the first few letters of Twitter, "twit" can also mean "fool" or "stupid." The $44 billion acquisition of Twitter is confirmed! According to the court order, Musk must complete the acquisition of Twitter for the agreed $44 billion by next Friday, otherwise he will face a lawsuit from Twitter. Musk tried to negotiate a price reduction for this opportunity, but Twitter did not accept it. Finally, under legal pressure, Musk gave up and announced that he agreed to the acquisition under the original terms. Various information indicates that the two parties have completed various formalities for the acquisition before the critical date of Friday. Analysts believe that financing is the main obstacle in this acquisition case. Because these days, the world's richest man has been negotiating with banks and businessmen to obtain the financial support required for such a large-scale acquisition. "The acquisition of Twitter is not for profit, but to help humanity" On Thursday, October 27, Musk confirmed the purchase of the social network Twitter, saying that the acquisition was "for the future of civilization" and that the social network had the potential to exacerbate the polarization of opinion between the far right and the far left, a dilemma that traditional media were also prone to. His purpose was to help overcome this risk, "help humanity" and "not make money." At that time, there were only a little more than 24 hours left before the deadline given to him by the judge. “Turning Twitter into the most respected advertising platform” Musk concluded his message to advertisers: "Twitter aspires to become the most respected advertising platform in the world, which will benefit your brand and company. Let's build something extraordinary together." Fire Twitter CEO and CFO According to sources familiar with the matter, Musk has fired Twitter CEO Parag Agrawal, CFO Ned Segal and Legal Affairs and Policy Director Vijaya Gadde for misleading Musk and his investors about fake account data on the Twitter platform. As soon as Musk's acquisition of Twitter was completed, Twitter CEO and CFO were escorted out of Twitter's headquarters in San Francisco. Twitter has not yet commented on the report. According to the New York Stock Exchange website, Twitter's stock will be suspended from trading today (28th). Editor ✎Estella/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
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