Elon Musk's $21 billion mystery - where will he get cash for Twitter?

[Jan]

Big Twitter mystery — Elon Musk needs to raise R330 billion in cash

Elon Musk and Twitter Inc. reached an agreement for the world’s richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

On Musk’s side, though, there remains a mystery: How is he going to cover the $21 billion equity portion of the transaction that he’s personally guaranteed?

 

[Thugscub]

MyBB.

 

[DapperDanMan]

Perhaps they don't want cash? Because that's a lot of germs ...

 

[TheMightyQuin]

Big Twitter mystery — Elon Musk needs to raise R330 billion in cash

Elon Musk and Twitter Inc. reached an agreement for the world’s richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

On Musk’s side, though, there remains a mystery: How is he going to cover the $21 billion equity portion of the transaction that he’s personally guaranteed?

He will just sell the tears from all the LibTards on eBay....funds raised in 48 hours max.

 

[Y'all Qaeda]

He's gonna pump and dump on Dogecoin and Bitcoin again.

 

[ElonMusk]

I sell my dxck. That is where the money comes from.

 

[TheMightyQuin]

I sell my dxck. That is where the money comes from.

Are you with FNB? How much eBucks are you getting from this purchase?

 

[FiestaST]

I sell my dxck. That is where the money comes from.

Your duck?

 

[Pudding McTwinkle]

He's gonna pump and dump on Dogecoin and Bitcoin again.

I welcome this. Ready for the moon, baby!

 

[Pak Fa Fui]

Did they ask for payment in cash?

 

[RedViking]

Crypto currency

 

[backstreetboy]

He is worth $260+ billion I'm sure he'll be able to get a loan.

 

[Gone Fishing]

He will just sell the tears from all the LibTards on eBay....funds raised in 48 hours max.

And for those of us who live in reality?

 

[Johnatan56]

He is worth $260+ billion I'm sure he'll be able to get a loan.

He's worth that based on stocks that are not actualized, doubt you could take a loan that size against stocks and banks would take a while to organize that much cash. Think he could maybe get 20% of stock price loan, but I think it's more likely he will try and sell shares, they took a 9% hit today. I do wonder how he's going to handle this as he just tanked the tesla stock and it could be considered insider trading, and he still has to deal with the fine regarding not disclosing how many Twitter shares he bought before.

 

[Fred07]

I sell my dxck. That is where the money comes from.

Elon....is that weally you. Awww

 

[Obsidian1]

" he has just about $3 billion in cash"........ sigh

 

[BBSA]

 

[3WA]

Hmm, so this whole Twitter rigmarole was just another way for him to meddle with Tesla's share price.

 

[system32]

Hmm, so this whole Twitter rigmarole was just another way for him to meddle with Tesla's share price.

In the last earnings call, EM was just granted share options at $70 - worth about $20b
If the prevailing price drops it makes his gain less and tax less.

I wish I had these 1st world finance problems instead I get 3rd world load shedding.

 

[system32]

View attachment 1298738

Correlation is not causation.
The whole market is down.