The billionaire who runs Tesla and SpaceX posted a video clip of himself walking into Twitter’s San Francisco headquarters carrying a porcelain sink and tweeted: “Let that sink in.”
Twitter sued him to complete the purchase. Earlier this month, Musk offered to buy Twitter at the original price of $54.20 a share. A Delaware Court of Chancery judge delayed the trial that had been set for Oct. 17 to give the two sides more time to reach a deal.
On a Tesla earnings call earlier this month, Musk said he was “excited about the Twitter situation.” He described Twitter as a platform with “incredible potential” that had “languished for a long time” though he acknowledged he was overpaying for it. "Although obviously myself and other investors are overpaying for Twitter right now," Musk said,"the long-term potential for Twitter is an order of magnitude higher than its current value."
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