Skip to main content

Who is financing Elon Musk's US$44 billion deal to buy Twitter?

Share
SAN FRANCISCO/NEW YORK -

Elon Musk has pledged to provide US$46.5 billion in equity and debt financing for his acquisition of Twitter, which covers the US$44 billion price tag and closing costs.

While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc.  and by leaning on equity financing from large investors, major banks have committed to provide US$13 billion.

Below are details of participants in the Twitter deal and their financing commitments:

Editing by Anirban Sen and Sam Holmes

CTVNews.ca Top Stories

Local Spotlight

100-year-old Winnipeg man walks blocks to see his wife

It's considered lucky to live to be 100, but often when you hit that milestone, you're faced with significant mobility issues. Not Winnipeg's Jack Mudry. The centenarian regularly walks five blocks to get where he wants to go, the care home where his wife Stella lives.

Stay Connected