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Sounak Mukhopadhyay

Elon Musk, world's richest, enters Twitter office carrying bathroom sink. Any guess why

Elon Musk carried a sink to the Twitter headquarters.

Musk also mentioned in another tweet that he was meeting “a lot of cool people at Twitter".

Musk released a video of himself entering the Twitter office while carrying a sink in his hands, along with the description: "Entering Twitter HQ – let that sink in!" He earlier updated his profile's bio to read "Chief Twit" hours before, giving the impression that he was the company's top executive.

Also Read: Explained: Why does Elon Musk want to buy Twitter again?

While people have been wondering why world's richest man entered the Twitter headquarters while carrying a sink, one user tries to give an explanation. "It's a joke for "let that sink in". It gives the media a headline and allows Elon to play it off as fun and games," the user wrote. “It's not going to be fun and games for those he lays off."

Based upon people familiar with the situation, a report in the Wall Street Journal says that banks have begun to send $13 billion in cash to support Musk's acquisition of Twitter as a sign that the deal is on pace to conclude by the end of the week. The article further stated that Musk will have access to the monies once all closing requirements are satisfied in order to complete the transaction by the October 28 deadline.

Reuters’ requests for comment on the WSJ report were not answered by Morgan Stanley, Barclays, or Bank of America.

Musk called for the termination of Twitter's lawsuit earlier in October when he suggested moving forward with his original $44-billion offer. Co-investors who agreed to contribute money to the Twitter deal were informed by the CEO of Tesla Inc. that the deal will be completed by October 28.

Also Read: Twitter deal: Time is running out for Elon Musk; he must do this or face trial

Sequoia Capital, Binance, Qatar Investment Authority, and other equity investors have all received the necessary documentation for the finance pledge from Musk's lawyers, according to Reuters.

Twitter first opposed the agreement by implementing a poison pill, and after the world's richest man declared plans to withdraw the offer due to concerns over spam accounts on the network, Twitter later sued him. This dramatic back-and-forth has lasted six months.

(With agency inputs)

ABOUT THE AUTHOR

Sounak Mukhopadhyay

Sounak Mukhopadhyay, who also goes by the name Sounak Mukherjee, has been producing digital news since 2012. He's worked for the International Business Times, The Inquisitr, and Moneycontrol in the past. He's also contributed to Free Press Journal and TheRichest with feature articles. He covers news for a wide range of subjects including business, finance, economy, politics and social media. Before working with digital news publications, he worked as a freelance content writer.
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