Home » Musk revises his offer for Twitter: no more loan, more personal commitment

Musk revises his offer for Twitter: no more loan, more personal commitment

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Musk revises his offer for Twitter: no more loan, more personal commitment

Elon Musk revises his offer for Twitter, abandoning the Tesla-related margin loan plan and increasing his equity stake to $ 33.5 billion from the previous $ 27.5 billion. A quota for which he, however, he can seek help from outside and on which he is already working. Musk is in fact trying to raise additional funds for his offer by asking current shareholders, including co-founder Jack Dorsey, to convert their shares in the new company in order to reduce the amount of cash he needs to finance the operation. .

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