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The Conversation
The Conversation
Erik Gordon, Professor of Business, University of Michigan

Elon Musk is poised to take Twitter private – here's what that means for the company and its future success

Elon Musk Twitter Inc. APElon Musk Michael Dell Toys R Us Donald Trump Tesla Inc.
Elon Musk has said he intends to complete his purchase of Twitter after earlier trying to wriggle out of the deal. Patrick Pleul/Pool via AP

Elon Musk’s proposed US$44 billion deal to acquire Twitter and take it private is reportedly coming together as a court’s Oct. 28, 2022, deadline nears.

Musk told his bankers he intends to complete the deal by then – and his lenders have reportedly already begun funding the deal. If he doesn’t, Twitter’s lawsuit against Musk – which seeks to force the world’s richest man to stick to the offer he made in April 2022 – will go to trial.

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