Elon Musk: We learned when the acquisition of Twitter will be completed!  

According to information received by the banks

It appears that the final chapter of the much talked about and tumultuous acquisition of Twitter is just around the corner. In particular, according to a new report by the trusted media outlet Bloomberg , Elon Musk held a video meeting with various bankers on Monday, confirming his intention to acquire the social media on Friday.

In particular, the richest man in the world will receive loans amounting to 13 billion dollars and thus he spoke with several of the banks that will grant him the capital, to draw up the final credit agreement and sign the related documents. This is one of the last steps before sending the cash to Musk, according to the media report.

Among other things, Elon Musk will rely on the investment bank Morgan Stanley, and the deadline he has from the court to complete the acquisition ^is October 28 . After the last tumultuous weeks, Musk is finally expected to pay $54.20 per share, which was originally planned. This means that he will spend a total of 44 billion dollars .

At this point it’s worth mentioning that the tycoon has already announced massive changes , notably stating that he will lay off almost 75% of Twitter’s employees. The company currently consists of 7,500 people, which means that Musk intends to leave it with a staff of just over 2,000 people.

Finally, it should be mentioned that his ultimate goal is to create the ‘X’ application, which will be the application for “always”.