Elon Musk secures $ 46.5 billion for Twitter bids

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Elon Musk has secured a $ 46.5 billion funding commitment to acquire Twitter and plans to open a bid to buy its shares, a US regulatory filing said Thursday.

Musk himself promised to provide $ 33.5 billion to fund this transaction. This includes $ 21 billion in equity and $ 12.5 billion in margin loans.

Banks, including Morgan Stanley, have agreed to provide another $13 billion in debt secured against Twitter itself, according to the filing.

Musk, Twitter's second-largest shareholder, has offered to buy the company for $43 billion that has prompted Twitter to adopt a "poison pill" to limit Musk's ability to raise his stake in the social media platform.


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