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Elon Musk’s takeover financing deal could clip Twitter’s wings

Elon Musk’s takeover financing deal could clip Twitter’s wings

2 years ago
Anonymous $dy9SWuvIkX

https://www.theguardian.com/technology/2022/may/07/elon-musks-takeover-financing-deal-could-clip-twitters-wings

The Tesla tycoon’s complex bid for the social media platform will load the tech firm with debt

If you want to know who the world’s richest man has on speed dial, then a regulatory filing on Thursday provided an insight. Elon Musk announced a score of new backers for his $44bn (£35.6bn) Twitter takeover, including Oracle tycoon Larry Ellison, the crypto market’s leading trading platform, the Qatari sovereign wealth fund and a Saudi prince.