--- title: "Elon Musk visits Twitter's headquarters as the deadline for the takeover approaches." description: "As the deadline approaches for him to finalise a $44 billion acquisition of the firm, Elon Musk paid a visit to Twitter's San Francisco headquarters r" author: "Muskan Singh" published: 2022-10-27 canonical: https://www.mindstick.com/news/2224/elon-musk-visits-twitter-s-headquarters-as-the-deadline-for-the-takeover-approaches category: "twitter" tags: ["twitter api", "twitter", "technology", "technology news"] reading_time: 3 minutes --- # Elon Musk visits Twitter's headquarters as the deadline for the takeover approaches. The richest [man in the world](https://answers.mindstick.com/qa/32320/list-the-top-5-most-handsome-man-in-the-world) has until Friday at 5 p.m. ET to complete the takeover deal or he will have to face legal action from [**Twitter**](https://www.mindstick.com/news/2216/elon-musk-reminds-fellow-investors-that-the-twitter-transaction-will-be-finalised-by-friday). **On Wednesday, it appeared that he changed his platform profile bio to 'Chief Twit.'** If the merger is finalised this week, it will put an end to a [tech](https://www.mindstick.com/services/technologies) industry-enthralling, on-again, off-again drama. But it would probably only be the beginning of a time of **profound transformation within Twitter, which might have significant global effects.** It's unclear what Musk will accomplish as the company's leader. It is widely expected that he will oversee a relaxation of Twitter's policies and significant cost reductions. **He has dabbled in Republican talking lines, ranting against Twitter's 'left-wing' employees, advocating for more 'free speech' on the social media site, and saying he will lift the permanent ban imposed by the late [President Donald](https://yourviews.mindstick.com/view/81357/us-president-donald-trump-targets-china-yet-again) Trump — perhaps even in time for the [midterm elections](https://answers.mindstick.com/qa/42326/how-did-midterm-elections-of-1946-have-an-unfavorable-impact-on-organized-labor) in November.** **Internal pushback in the form of an open letter was issued on Monday in response to a claim that Musk intended to reduce costs by firing as many as 75% of the company's employees.** In the letter, it was said that 'we demand to be treated with dignity and to not be treated as mere pawns in a game conducted by billionaires.' **The seriousness of Musk's plan for Twitter cannot be determined simply by looking at its broad, public outlines.** According to reports, the CEO of [**Tesla**](https://www.mindstick.com/news/2111/pepsico-confirms-that-the-first-deliveries-will-begin-in-december-as-tesla-produces-ev-trucks) told investors in July that his company's goal is to quadruple Twitter's income from $5.08 billion in 2021 to $26.4 billion by 2028, a 420% increase. **There seem to be few barriers standing in the way of Musk [gaining control](https://answers.mindstick.com/qa/43262/why-was-blockading-southern-ports-and-gaining-control-of-the-mississippi-important-for-the-north) of the company after the deal closes because the U.S. government's antitrust [approval process](https://www.mindstick.com/forum/23080/windows-phone-app-approval-process) for Musk's acquisition of Twitter has been approved.** According to a Bloomberg report from last week, the [Biden administration](https://yourviews.mindstick.com/view/82219/what-are-the-daunting-challenges-that-are-inherited-by-the-biden-administration) was considering reviewing the Musk acquisition for [national security](https://answers.mindstick.com/qa/106107/how-does-the-national-security-council-function) reasons, but a spokeswoman for the government later refuted that claim. It's possible that **Musk will withdraw from the agreement once more**, this time at the last minute, citing new legal justifications for why he shouldn't be required to go through with an acquisition at a price that he has acknowledged is significantly higher than Twitter is worth. If that occurs, a **potentially nasty confrontation between Musk and Twitter in a Delaware courtroom in November would be certain.** --- Original Source: https://www.mindstick.com/news/2224/elon-musk-visits-twitter-s-headquarters-as-the-deadline-for-the-takeover-approaches Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.