The richest man in the world, Elon Musk, showed up with a kitchen sink to Twitter’s offices in San Francisco on Wednesday. As the court-ordered deadline for his $44 billion bid to purchase the social media network approached, he tweeted, “Entering Twitter HQ – let that sink in!” The agreement, which has been dragged out since April, has been given until October 28 for completion by Mr. Musk and Twitter.
“Meeting a lot of cool people at Twitter today!” he also tweeted, after earlier changing his title in his Twitter bio to “Chief Twit”.
Mr Musk told Twitter employees that he doesn’t plan to cut thousands of jobs, according to a Bloomberg report.
The Washington Post reported last week that the billionaire told prospective investors in his proposed deal to buy Twitter that he planned to get rid of about 75 per cent of the platform’s 7,500 workers, citing interviews and documents.
Mr Musk had tried to walk away from the deal to buy Twitter in May, alleging that the company understated the number of bot and spam accounts on the social media platform, which started a series of lawsuits between the two parties.
Earlier this month, Mr Musk reversed course and said he would proceed with the deal on original terms.
“I think on Friday, we’ll get an announcement that says that Elon Musk has purchased Twitter,” University of California, Berkeley, law professor Adam Badawi told AFP.
“I’m excited about the Twitter situation,” Mr Musk said during a recent Tesla earnings call.
“I think it’s an asset that has just sort of languished for a long time but has incredible potential, although obviously myself and the other investors are overpaying for Twitter right now.”
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