Twitter: this week it could be revealed if an agreement is closed with Elon Musk on the sale of the social network

Twitter and Elon Musk closer to announcing a deal.

Photo: JIM WATSON//AFP/Getty Images

Everything seems to indicate that Twitter could be sold to billionaire Elon Musk, although there are no details of the conversations. However, some media said that This Sunday the social network company was considering Musk’s purchase offer and it is possible that this week an answer will be given about the sale process.

Some sources say that it will be this Monday and other sources assure that it will be during the week. Media such as the Wall Street Journal, Bloomberg and Reuters have reported that the conversations that took place on Sunday hinted at the possibility of a closing of the sale. The same would be in an amount that calculates each action in about $54.20 dollars. But, that does not indicate that the agreement is guaranteed.

Let us remember that more than 10 days ago, it was known that Elon Musk had made an offer to acquire the company of the social network of the little blue bird and even went so far as to explain his reasons for wanting to be the owner of Twitter.

Prior to this, the CEO of Tesla and SpaceX acquired 9.2% of Twitter and became the main shareholder of a social network in which he is intensely active. Then there was an agreement for Musk to enter Twitter’s board of directors, which he rejected and the buyout offer came.

The offer made from the beginning by Musk was at a price of $54.20 dollars per share, which translated into a millionaire offer that raised the value of the firm by $41,000 million dollars. And according to some sources, this is “the best and final” offer that the Tesla CEO will make for the social network.

This week the quarterly results of Twitter will be published, according to information it will be on Thursday. It is read in WST that the same day the results could be announced on the sale or not of Twitter to Elon Musk.

It was also found that Musk has been meeting privately with various company shareholders to explain his buying interest. And to present his reasons and the “important changes he wants to make on the platform, as he has shown in several of his tweets.

It should be noted that the main motivation for Elon Musk’s interest in Twitter was revealed in a survey conducted by himself at the end of March.

For its part, the platform had already announced some restructuring to come, this 2022. They hope that by 2023 Twitter will increase its followers and its annual income.
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