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Bangkok Post
Bangkok Post
Business

Where will Elon Musk get cash for Twitter?

Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, Jan 13, 2015. (Photo: Reuters)

Elon Musk and Twitter Inc reached an agreement for the world’s richest man to buy the social networking platform for US$44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

On Musk’s side, though, there remains a mystery: How is he going to cover the $21 billion equity portion of the transaction that he is personally guaranteed?

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