In looking for ways to pay for his takeover of Twitter, Elon Musk has offered up money sourced from his own personal assets, investment funds and bank loans, among others.
At first, the Tesla head had hoped to avoid contributing any more than $15 billion of his personal money to the $44 billion deal.
Ultimately, Musk abandoned the loan idea and put up more funding in cash. The 51-year-old ended up selling around $15.5 billion worth of Tesla shares in two waves, in April and in August. And importantly, Musk, who Forbes magazine says is worth around $220 billion, already owns 9.6 percent of Twitter in market shares.The total sum of the deal also includes $5.2 billion from investment groups and other large funds, including from Larry Ellison, the co-founder of software company Oracle, who wrote a $1 billion check as part of the arrangement.
And Prince Alwaleed bin Talal of Saudi Arabia transferred to Musk the nearly 35 million shares he already owned.The rest of the money -- about $13 billion worth -- is backed by bank loans, including from Morgan Stanley, Bank of America, Japanese banks Mitsubishi UFJ Financial Group and Mizuho, Barclays and the French banks Societe Generale and BNP Paribas.
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