Elon Musk To Invest $15 Billion Of His Own Money To Buy Twitter: Report

Author : Dhowcruise
Publish Date : 2022-04-19 00:00:00


Elon Musk To Invest $15 Billion Of His Own Money To Buy Twitter: Report

Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.

Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Musk, who is also Tesla Inc's chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment. Tesla did not immediately respond to a Reuters request for comment from Musk. The social media company adopted a "poison pill" last week to protect itself from Musk's $43 billion buyout offer. More private-equity firms have expressed interest in participating in a deal for Twitter, people familiar with the matter told Reuters on Monday without naming the firm.Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private, the New York Post reported on Tuesday, citing two sources familiar with the matter. The billionaire, who is Twitter's second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise



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