Elon Musk would be ready to put between $ 10 billion and $ 15 billion out of his own pocket to take over Twitter. This is what the American newspaper New York Post reports, citing sources close to the dossier.
Last week, Tesla’s number one stunned everyone by launching a hostile takeover bid on Twitter for a combined $ 43 billion, $ 54.20 per share in cash.
Elon Musk had made an initial investment in the group in recent weeks, with the official news that had arrived last April 4, when it was the SEC, the US Stock Exchange Authority, to announce that the manager had raided a stake equal to 9 , 2% of the capital.
The reaction of the Twitter board was immediate, which approved a poison pill to try to prevent the hostile takeover.
The New York Post also reported that Musk plans to launch a tender offer in the next 10 days and has contacted Morgan Stanley to raise an additional $ 10 billion in debt to finance the Twitter purchase.