Elon Musk has unveiled a group of investors that will together provide about $7.14 billion.

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It is for financing commitments for his pending $44-billion acquisition of Twitter,

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Elon Musk said he’s talking to Twitter founder Jack Dorsey about sticking around as part owner.

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Musk’s talks with Dorsey and some other Twitter stockholders are ongoing.

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It is about the possibility of their contributing shares of common stock to retain an equity investment.

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It will follow the merger, which will take the company private.

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Musk’s filing noted that he may still continue to receive additional financing commitments.

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The commitments that would replace portions of the financing commitments previously announced.

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Supreme Court Draft Viewpoint 2022

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Elon Musk has unveiled a group of investors that will together provide about $7.14 billion.

Finance News

May 06 2022