Browsing Tag

elon musk fundraise

Elon Musk’s $44-Billion Twitter Buyout: Tesla Loses $126 Billion Post Deal; Does He Have…

Jessica Apr 28, 2022

Even as the board of Twitter agreed to the USD 44 billion takeover offer from Elon Musk on Monday, Tesla lost USD 126 billion in value a day later on concerns that its chief executive may have to sell shares to fund his USD 21 billion…

Business

Elon Musk Ready With $46.5 Billion to Buy Twitter, But Can He Really Buy? Know What’s Ahead

Jessica Apr 25, 2022

A week later when Twitter used the ‘poison pill’ to thwart Elon Musk’s plan to take over the micro-blogging site, the Tesla CEO said he has arranged USD 46.5 billion to buy out the social media company. He has raised the funds from Morgan…