In recent calls to bankers who helped fund Elon Musk’s whirlwind deal to buy Twitter, the Tesla owner has promised to complete the purchase by Friday. In recent months, since Musk first announced his plans to buy the social network, a court date has been set for the deal, and there has been much debate over whether the deal will actually be made, with Musk’s attempts to walk away from the deal altogether.
While Musk has told key finance partners that the deal will be finalized by Friday, he has no choice but to stand trial unless he wants to face trial in a case that has been postponed to November. Therefore, a deal must be made by Friday to avoid this.
However, Meta and Google seem to have caused the most buzz about the acquisition, with both companies hiring staff trying to jump ship. About 1,100 of the company’s 7,500 employees reportedly left the company after news first emerged that Musk was looking to buy the company. At this time, neither Elon Musk nor Twitter have commented on these latest reports. Source