Elon Musk Secures Enough Funding To Take Over Twitter

Will Elon Musk really buy Twitter? It sounds like he's got the cash saved up, at least.

On Thursday, the Tesla CEO said he's secured $46.5 billion in funding to buy out Twitter at $54.20 a share - borrowing $25.5 billion and putting up the remaining $21 billion himself.

It remains to be seen if Musk's gambit will pay off - Twitter has not formally responded to his offer, meaning he would have to buy directly from shareholders in order to acquire controlling interest in the company.

Click Here To Listen Live https://www.iheart.com/live/news-radio-wtam-1100-1749/

Sponsored Content

Sponsored Content