Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal (US.TSLA) (US.TWTR) - 06 mai 2022
Tesla Inc.’s chief executive has lined up about $7.14 billion from 19 investors, a roster of big-money backers whose investment effectively reduces the personal risk Mr. Musk has to take to close the $44 billion deal for the social-media company. Mr. Musk has told potential investors in Twitter that he could return the company to public markets after a few years of ownership, The Wall Street Journal reported earlier this week. The world’s richest man, by some measures, Mr. Musk leveraged a wide network of associates to come on board for his plans.
Twitter shares rose 2.7% Thursday to $50.36, edging toward Mr. Musk’s $54.20 a share offer price. The closer the stock gets to the offer price, the higher likelihood that investors put on the deal going through.