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Asharq Al-Awsat

Technology

Asharq Al-Awsat

Musk Says He Has Financing to Take Twitter Buyout Bid to Investors

Elon Musk Twitter Inc. Tesla Inc. Morgan Stanley Eric Talley

File Photo: People in Saint-Senier-de-Beuvron are none too thrilled that the northern French village has been picked as a ground station for tech billionaire Elon Musk's Starlink project. (AFP)

Elon Musk has lined up $46.5 billion in financing for a possible hostile takeover of Twitter and is "exploring" a direct tender offer to shareholders, according to a securities filing released Thursday.

Musk's filing pointed to a $13 billion debt facility from a financing consortium led by Morgan Stanley, a separate $12.5 billion margin loan from the same bank, as well as $21 billion from Musk's personal fortune, AFP said.

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