26 October 2022 | Other

Musk plans to close the Twitter deal by Friday

According to Reuters, Elon Musk plans to close the deal of acquiring Twitter Inc by Friday, as he informed his co-investors, who provide funding of this purchase. The social network’s acquisition will cost Musk $44 billion.

The businessman’s co-investors, including Sequoia Capital, Binance, Qatar Investment Authority, and some others, received all the necessary legal documents for fulfilling their financial obligations. This move from Musk demonstrates his intention to adhere to ending the deal until the deadline established by the Delaware Court.

As stated by Bloomberg News, banks participating in the Twitter’s acquisition have already prepared final agreements on debt financing, and now they are signing all the required documents.

Company MarketCheese
Gold buy
Period: 16.02.2026 Expectation: 25000 pips
Gold keeps climbing due to active buying on dips
Yesterday at 11:46 AM 37
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 28.02.2026 Expectation: 220 pips
Brent crude selloff targets $65.00
Yesterday at 11:22 AM 12
Period: 28.02.2026 Expectation: 590 pips
Selling AUDUSD in short term
Yesterday at 06:49 AM 18
Period: 16.02.2026 Expectation: 26000 pips
Silver balances recovery amidst Lunar New Year pressures
Yesterday at 06:46 AM 24
Period: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
06 February 2026 50
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
06 February 2026 61
Go to forecasts