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HomeDigit NewsElon Musk may buy Twitter on October 7th

Elon Musk may buy Twitter on October 7th

According to GSM Arena, citing CNBC, the purchase of Twitter by billionaire Tesla and Space founders Elon Musk could take place as early as this Friday.

GSM Arena clarifies that SEC filings confirmed the following fact: the deal should take place at the price agreed on April 25, which was approved by shareholders in September.

Before that, Musk wanted to stop buying Twitter, saying that the social network has a lot of bots and fake accounts. A court hearing in the case between Musk and Twitter is scheduled for October 17, but it may be canceled if the parties themselves resolve the conflict.

Recall that the other day, Elon Musk sent a letter to Twitter, in which he announced his intention to acquire a microblogging network for an initial cost of $44 billion, or $54.2 per share.

Later, on his Twitter page, billionaire Elon Musk said that the purchase of Twitter – it is “an accelerator for building X, an application for everything”. The service may be very similar to the Chinese super app WeChat, which the billionaire openly admired and grew from a messaging service into a mini-internet with a billion user base.

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