Elon Musk borrowed $1 billion from SpaceX right after Twitter acquisition: report

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According to a report by the Wall Street Journal, Elon Musk borrowed $1 billion from SpaceX in October, the same month he acquired Twitter for $44 billion.

turned to SpaceX for a $1 billion loan for his dramatic acquisition of the social media company formerly known as Twitter, according to a recent report from the Wall Street Journal.

The publication sited documents reviewed by the Wall Street Journal, alleging that SpaceX approved the loan, backed by Musk’s stocks

 

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