Elon Musk says he has the financing commitment needed to buy Twitter

Tesla CEO Elon Musk claims in SECfilings that he has secured the financing commitments needed to buy Twitter. Musk said he is now considering making a takeover offer directly to Twitter shareholders due to the lack of response from Twitter’s board, though he said he has not made a decision. Musk said he has committed about $21 billion through equity financing. Received a commitment letter for approximately $13 billion in debt financing from Morgan Stanley Senior Funding. Morgan Stanley also agreed to provide a $12.5 billion equity-backed loan.

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