Elon Musk has unveiled a group of investors that
will together provide about $7.14 billion.
May 06 2022
It is for financing commitments for his pending $44-billion acquisition of Twitter,
Elon Musk said he’s talking to Twitter founder Jack Dorsey about sticking around as part owner.
Musk’s talks with Dorsey and some other Twitter stockholders are ongoing.
It is about the possibility of their contributing shares of common stock to retain an equity investment.
It will follow the merger, which will take the company private.
Musk’s filing noted that he may still continue to receive additional financing commitments.
The commitments that would replace portions of the financing commitments previously announced.
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