The $44 billion deal between Elon Musk and the social network Twitter is approaching a happy ending. Elon Musk, who previously offered $44 billion and gave up on Twitter when he couldn’t agree on the percentage of spam and bot accounts, is determined to be Twitter’s boss this time. While the agreement is expected to be completed by the end of this month, a flash development was announced by international news organizations led by Reuters and Bloomberg.
IT WILL FINISH FRIDAY
According to the news of the agencies, Tesla and SpaceX CEO Elon Musk announced that he will complete the acquisition of Twitter for $ 44 billion on Friday.
TWITTER SHARES AFFECTED BY THE NEWS
Twitter shares soared on the news. Twitter’s share price jumped 3 percent on Tuesday, approaching Musk’s quoted price of $54.20 and trading at $52.95.