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Benzinga
Benzinga
Business
Adam Eckert

Why Twitter Stock Is Trading Higher Today

Elon Musk TWTR

Twitter Inc (NYSE:TWTR) shares are trading higher Thursday after a filing with the U.S. Securities and Exchange Commission showed that Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is making changes to his takeover approach. 

Musk initially planned to use a margin loan of $12.5 billion against other holdings to help finance the Twitter acquisition. Now the Tesla CEO has upped his commitment to $33.5 billion.

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