Elon Musk on Thursday disclosed in a federal securities filing that he doesn't yet have any equity partners on his takeover bid for Twitter, but said that he has secured billions of dollars worth of loan commitments from Morgan Stanley.
Why it matters: Musk is saying he can afford to buy Twitter, either via last week's $43 billion offer, to which Twitter's board hasn't yet responded, or via a hostile tender offer that would be taken straight to company shareholders.