Musk Dispels Weeks of Doubt by Lining Up Money to Buy Twitter

April 21, 2022, 8:24 PM UTC

After weeks of questions over whether Elon Musk is truly serious about acquiring Twitter Inc., his takeover bid got a lot more real on Thursday.

The Tesla Inc. mogul lined up about $25.5 billion in debt financing from Morgan Stanley and other financial institutions, according to a regulatory filing, as well as pledging to contribute an additional $21 billion of his own money through equity financing.

Though details are still scarce on how the billionaire will fund his share of the bid, it was a show-me-the-money moment that signaled Musk isn’t just trolling Twitter with his takeover ...

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