Re:Musk announces funding secured for Twitter buy
by JumpCrisscross on Thursday April 21, 2022 @01:24PM
(#31112448)
> that was a Tweet and not an SEC filing
Most people, at this point, believe he has funding. When he first tweeted his bid, however, the stock dropped.
He still has to come up with $21bn. Heβs tapped out on margin loans, so that will involve some selling of assets. And market conditions are volatile enough for those funding commitments to fall through.
Most people, at this point, believe he has funding. When he first tweeted his bid, however, the stock dropped.
He still has to come up with $21bn. Heβs tapped out on margin loans, so that will involve some selling of assets. And market conditions are volatile enough for those funding commitments to fall through.