Elon Musk has secured additional funding to acquire Twitter, filings say. The details of Musk’s financing plans were made public on the day that Twitter shareholders gathered for a scheduled meeting. Elon Musk has secured additional funding to purchase Twitter, according to financial filings made public on Wednesday, moving the billionaire closer to completing the high-profile deal.
The Tesla CEO said in the regulatory filings he has increased his personal funding of the purchase from $27.3bn to $33.5bn and secured an additional $6.25bn in equity financing, reducing the amount of debt the entrepreneur would take on in the $44bn purchase.
The world’s richest man is also in talks with shareholders, including former Twitter CEO Jack Dorsey, for additional financing commitments to fund the deal, he said in the filing.
Musk originally took a $12.5bn margin loan against stock of his electric car maker company Tesla to help fund his purchase of Twitter. But he reduced it to $6.25bn earlier this month after bringing in co-investors.
The latest filing comes after Musk said last week his offer to buy Twitter would not move forward until the company shows proof that spam bots account for less than 5% of the platform’s total users, a move analysts suggest is meant to pressure Twitter to accept a lower sale price.
The details of Musk’s financing plans were made public on the day that Twitter shareholders gathered for their regularly scheduled meeting.
Elon Musk has secured additional funding to acquire Twitter
马斯克将收购Twitter的股权承诺总额提高到335亿美元
马斯克放弃了用与特斯拉股票挂钩的保证金贷款为其收购推特提供部分资金的计划，收购案股权融资规模从而增加到335亿美元。
据周三递交的一份监管文件显示，马斯克将再提供62.5亿美元的股权融资以抵消同等规模的保证金贷款，该笔贷款在本月早些时候已被削减至62.5亿美元。文件还显示，马斯克继续寻求额外的融资承诺，包括与推特前首席执行官Jack Dorsey和其他投资者讨论将股权注入推特。
此前，在4月份与推特达成的收购协议中，马克思称其已获得255亿美元的全额债务和保证金贷款融资，并提供约210亿美元的股权承诺。
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