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    Sumit patil in News

    28-Oct-2022 01:02 PM


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    Who Is Funding Elon Musk'S $44 Billion Acquisition Of Twitter?

    y CNBCTV18.com Mini Elon Musk has bought Twitter and has already taken some key decisions.
    A number of equity investors such as Sequoia Capital, Binance, and Qatar Investment Authority have committed to help the billionaire fund his $44 billion acquisition of Twitter Inc. Here's a look at the financial institutions that are lending money to the world's richest man to buyout Twitter Elon Musk is the new Twitter boss who has already taken some key decisions.
    Before the completion of his $44 billion acquisition.
    Musk had pledged to acquire Twitter for $46.5 billion through a mix of equity and debt financing.
    Apart from this, a number of equity investors have also committed to finance the deal.
    However, Musk later shelved the borrowing plan and sold roughly $15.5 billion worth of shares in Tesla in April and August.
    #elonmusk #twitter
    Source:- CNBCTV18