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Elon Musk Seeks to Scrap Tesla Margin Loan With New Twitter Funding

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc.

May 12, 2022

Musk secured $25.5 billion of debt and margin loan financing and will provide about $21 billion in equity to fund the deal.

April 25, 2022

Morgan Stanley, Musk’s adviser, has pledged to provide about $5.5 billion.

April 22, 2022

Both New York-based investment banks underwrote Tesla’s 2010 initial public offering.

April 15, 2022

Musk said he believes "Twitter needs to be transformed as a private company.”

April 14, 2022

Mavrck is a technology developer for consumer brands to source work from influencers providing insights throughout the advertising process.

December 16, 2021

Twitter has recently stepped up its pace of acquisitions. In May the company purchased the news-reader service Scroll.

November 29, 2021

Crello is a global provider in do-it-yourself digital design and media.

November 02, 2021