Gaining momentum, Elon Musk prepares to buy 1.1 million billion to buy Twitter outright
Elon Musk is taking a huge step forward in his determination to take over all of Twitter, the world’s second largest social network at the moment.
According to information posted by AFP on the evening of April 21, US time, Elon Musk has prepared enough 46.5 billion USD (~ 1.2 million billion VND) to start implementing the entire takeover of Twitter. Of these, the boss of SpaceX spent $ 21 billion from his personal account. The rest is borrowed from Morgan Stanley Bank ($12.5 billion) and many other banks ($13 billion). With this move, Elon Musk has made it clear that he is determined to “swallow” all of Twitter.
Earlier in early April, Elon Musk spent $ 3 billion to buy 9.2% of Twitter shares. This deal makes Elon the largest shareholder of the world’s second largest social network. Not stopping there, Tesla CEO also had a closed meeting with Twitter’s largest shareholders. Here, Elon Musk offers to buy this social network for $ 43 billion. However, this offer was rejected by most of Twitter’s major shareholders.
Of course, Elon clearly does not want to stop his ambition. Raising an amount of up to 46.5 billion USD has shown his great ambition. With financial strength as well as tricks in the business world, perhaps Elon will sooner or later own all of Twitter as he wishes.
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