Elon Musk: Tesla CEO Likely to Conclude Twitter Deal by Friday

Elon Musk: According to sources cited by Reuters, Tesla CEO Elon Musk has informed his co-investors that he intends to complete the $44 billion acquisition of Twitter by Friday. The action is the most obvious indication yet that Musk intends to adhere to the deadline established by a US judge to complete the sale.

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Musk's legal counsel was unavailable for comment right away

Twitter opted not to respond. Musk's legal counsel was unavailable for comment right away.
On Tuesday, Twitter stock was trading 3% higher at $52.95 as a result of the announcement.

Elon Musk agreed to purchase Twitter in April, but he announced in July that he was ending the agreement due to his worries about the prevalence of phoney and spam bot accounts.

The business, in an effort to make the sale happen despite the claim being rejected, retaliated by suing the millionaire.

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Musk agreed to buy Twitter for $54.20 per share, and the court has given both parties until October 28 to hash out the specifics. If the parties are unable to agree on the specifics, a trial will be held in November.

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