Elon Musk wants to change how he funds Twitter takeover so it's less risky - Business Insider South Africa


5/14/2022 12:00:00 AM2 years 11 months ago
by Phil Rosen

New financing would eliminate the need for a margin loan and the possibility that Musk has to put up more of his own cash if Tesla stock sinks.

Elon Musk is attempting to restructure how he finances his $44 billion (R711 billion) Twitter takeover to eliminate the need for a margin loan backed by some of his Tesla stock, Bloomberg reported Th… [+1941 chars]

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