Elon Musk took action to buy Twitter last March. Elon Musk, the founder of Tesla and SpaceX, and also known as the richest man in the world, first bought shares from Twitter. He then made a $44 billion offer to buy the company outright.
But since then, the Twitter acquisition has turned into a snake story due to disagreements between the two parties. According to the information revealed today, Elon Musk will buy Twitter by Friday and the snake story will have a happy ending. So, how will Elon Musk finance all this cash? Let’s take a look at the details of the news together.
South Korean Bank will commit 300 billion to Elon Musk!
South Korean Mirae Asset Financial Group will commit approximately 300 billion Korean Won to acquire Twitter, according to reports emerging today. In fact, according to the report of Bloomberg, this deal will be completed by Friday. Banks and famous businessmen who helped finance the cash in the Twitter deal will be interviewed via video conference.
Elon Musk, on the other hand, shared the moments when he entered the Twitter building with a sink in his hand, on his social media account. The images quickly resonated on social media. Sharing the video confirmed the news.
Here is the video that Elon Musk shared from his Twitter center
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
In addition to the South Korean bank, banks such as Morgan Stanley and Bank of America Corporation also promised to provide finance to Elon Musk in financing the necessary money. In addition, Larry Ellison, co-founders of Oracle, the world’s second largest software company, and Saudi Prince Alwaleed bin Talad will also help Elon Musk in financing.
What do you, our readers, think about this issue? Do you think the images shared by Elon Musk at the Twitter headquarters are an indication that the purchase agreement will be completed? You can express your thoughts in the Comments section.
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