The fate of Elon Musk's deal to buy Twitter now comes down to the money | CNN Business

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Even the world’s richest man needs a little help for an acquisition of this size

What everyone is now waiting on: Musk needs to actually have the money to hand over. . In April, Musk announced he had lined up $46.5 billion in financing for the deal, including two debt commitment letters from Morgan Stanley and other unnamed financial institutions . Musk himself also committed approximately $21 billion in equity to fund the deal, and later raised an additional $7 billion in equity from investors such as Oracle founder Larry Ellison and cryptocurrency firm Binance.

Musk is likely trying to help Morgan Stanley market the debt to other investors before telling them to hand him the money to close the deal, according to Lipton. While Musk isn’t required to do that, it would do a favor for a bank that he’s had more than a decade-long relationship with, given the economic environment is more difficult now than when the agreements were first made.

 

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I don’t know why people keep calling him the world’s richest man ( he is not) He is a tax dodger. Pay your taxes.

Which rouge state, that is looking for a “Musk off ramp” could help fund such a transaction?

He has no solvency. He’s a bitcoin billionaire, LOL.🤣

elonmusk is going to lose Tesla and it will serve him right

He wants to be far from any envious eye!

Fed up seeing this guy. Lie low.

Call it RuthlessCapitalism or LackofSocialism it is only the affluents and the powerfuls who need 'help' and make sure they do get it. Lesser mortals like us have to work hard and build life for selves and the loved ones.

His check was mistakenly transferred into my account in the Marshall SD Corn Bank.

In fact most of the wealth of the billionaires are stock...

Naw it’s clear, why he wrote that tweet about referendum in Ukraine… he needs money from putin

They don't like spending their money when it comes to risky ventures so he's gonna find the money somewhere this way share the risks. As for obvious profitable ventures , they will go it alone/greed

Fuckin waaaaaaaaah

Who needs Twitter when he lives on Mar

🤢 PoorElon 🤢

Can he just pay the fine

TBH, he needed government help to become the world’s richest man.

But he’s a thousandaire

Elon I hereby allow you to put my funds to good use. I see twitter as a social tool which you can enrichen in a technological n social manner(re: staff). So yes. I leave all decisions in your hands. For big dosh see PORTUS. if you both approve then all go. Quick, cops hack hereGL

Everyone who is in crisis needs help from a partner. So if you think that money is the only solution, then you are wrong.

Well there’s Dutche Bank and all the shady things that go along with that bank

Why do all these billionaires keep begging other people for money?

Why is Twitter chomping at the bit to get Elon to buy Twitter if has the possibility of making the platform problematic? He backed out once. When someone shows you who they are…

As in he doesn’t have it, and his investors are sick to death of his erratic behavior and are jumping ship like first class passengers on the Titanic

House of Saud front men will stump the cash.

Reparations for Descendants of Chattel Slaves in the US

Pareciera que Musk quiso jugar póker y perdió….

He never had the money. He doesn't now. He risks being exposed as a phoney. He's frantically distracting attention, and his lawyers are using endless delaying tactics to avoid the moment of truth. None of this is news. Where have you been, ?

Then stay out of the book stores

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