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Reuters

Musk willing to invest up to $15 billion of own money to buy Twitter -NY Post

The billionaire, who is Twitter’s second-biggest shareholder with a 9.1% stake, is planning to launch a tender offer in about 10 days and has tapped Morgan Stanley to raise another $10 billion in debt, according to the report https://nypost.com/2022/04/19/elon-musk-scrambles-to-find-backers-for-twitter-takeover-sources. Musk, who is also Tesla Inc’s chief executive, may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, the New York Post reported. Twitter declined to comment.

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