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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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| Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter AcquisitionThe world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares.
Source: WSJ - 🏆 98. / 63 Read more »

| Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter AcquisitionThe world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares.
Source: WSJ - 🏆 98. / 63 Read more »