Tesla boss has suggested financing is at risk, but so are fat fees
Wall Street lenders bankrolling Elon Musk’s $44bn acquisition of Twitter may soon find themselves in an awkward position: should they help the world’s richest person scupper the deal and thereby lose out on one of the industry’s biggest paydays?
Musk recently suggested that $13bn in debt financing crucial for the Twitter deal could be at risk if the social media company does not satisfy his stated concerns about fake accounts on the platform. This, Musk said, could give him grounds to walk away from a deal, which has become less attractive since tech valuations plummeted.
