Twitter Just Surrendered to Elon Musk: It Quietly Makes a Move That Reveals the Buyout Deal is About to Close

Twitter just quietly surrended to Elon Musk.

After months of resistance to the tech billionaire’s hostile takeover offer in March, the social media giant has quietly indicated that it now expects the deal to go through. Twitter has taken action to freeze share-trading for its employees through its corporate awards account.

“Twitter Inc. froze the equity awards accounts for employees on Monday as the deadline to seal a deal with Elon Musk approaches,” Bloomberg Law reported.

“The social media company updated its employee FAQ page this week to alert staff that they won’t be able to access or trade shares from the Equity Award Center,” the article adds. “The page said the change was done ‘in anticipation of the closing of the pending acquisition of Twitter by an entity controlled by Elon Musk,’ according to two people familiar with the change.”

“This freeze allows Schwab to perform final reconciliation of employee accounts” prior to close of the deal, the article notes.

Elon Musk on Tuesday showed his optimism that he would close the deal on Twitter with a tweet, which he subsequently deleted.

“In retrospect, it was inevitable,” Musk tweeted, along with a cartoonized photoshop image of Musk, West, and Trump as the ‘Three Musketeers.”


While it is still unknown whether the power trio can save free speech throughout America and rescue the West from Woke tyrants, the mighty three’s capture of social media platforms would be a tremendous start.

On Monday, it was reported that Trump-supporting rap superstar Kanye West was buying the social media platform Parler.

As earlier reported, Twitter had been pulling out all the stops to prevent the Musk deal from closing before the midterm elections. Read more