 "Twitter")
Elon Musk said Morgan Stanley and other financial institutions are providing about $25.5 billion in debt financing for his bid to buy Twitter as he looks to pile pressure on the company to engage with his offer.
To finance the purchase, “entities related” to Musk have received letters committing to provide funding of about $46.5 billion, according to a securities filing on Thursday. But almost half of that — $21 billion — comes from the billionaire’s own pocket through equity financing, and there were no details on where Musk is getting the money.
It’s unclear whether Musk, who
To finance the purchase, “entities related” to Musk have received letters committing to provide funding of about $46.5 billion, according to a securities filing on Thursday. But almost half of that — $21 billion — comes from the billionaire’s own pocket through equity financing, and there were no details on where Musk is getting the money.
It’s unclear whether Musk, who
