How Will Elon Musk Pay for Twitter?

How Will Elon Musk Pay for Twitter?

Lauren Hirsch and Melina Delkic�� Reporting from New York

Musk plans to buy Twitter with a mix of cash and debt, split into three parts.

How Will Elon Musk Pay for Twitter?

Lauren Hirsch and Melina Delkic�� Reporting from New York

The $13 billion in debt from banks, led by Morgan Stanley, will belong to Twitter after a deal is sealed. Twitter currently has about $5 billion in debt on its balance sheet. Can it handle more?

How Will Elon Musk Pay for Twitter?

Lauren Hirsch and Melina Delkic�� Reporting from New York

The $12.5 billion in personal loans against Musk’s Tesla stock comes from a dozen banks, which require him to pledge a big chunk of shares to ensure that they are repaid if Tesla’s value falls. Musk will have to put up more than $60 billion in stock as collateral.