technology

How will Elon Musk save the money offered to buy Twitter?


Elon Musk, the largest shareholder in Twitter, offered to buy the rest of social media for $54.20 per share in a deal for $43 billion, but that’s a lot of money, even for the world’s richest man.

According to business insider, the offer represents an additional premium of about 50% over the stock price at the end of January, and Musk’s current stake is about 9.2% of the company, valued at about $3.3 billion, making nearly $40 billion. to complete the transaction.

Even up to about 17% of the trade placement in the business of his fortune, Twitter.

Bloomberg estimates his current cash accounts at $2.95 billion, and another indicator that Musk is known to be benefiting from is the contributor’s loan exposure.

There is a limit to Bloomberg that there is a limit of 25% of the value of the shares, which could put him in the $40 billion range if he chooses that option.

There is also the possibility that Musk will find a partner on a world tour.

Fair board for Musk’s show, which is highly uncertain at the moment.

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