Musk Secures $46.5 Billion Funding to Buy Twitter, Says Ready for Tender Offer

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Billionaire Tesla CEO Elon Musk has secured the funding required financing to make a tender offer to buy Twitter and take the company private, according to a new SEC filing.

The document shows that Musk has received $46.5 billion in commitment to help finance the proposed deal. Through a tender offer, Musk plans to approach Twitter shareholders directly and offer to buy their shares within a specific time frame.

Musk, the richest man in the world, has secured $25.5 billion in debt financing from Morgan Stanley Senior Funding and other financial institutions. He has also committed to provide $21 billion in equity financing, according to the document.

Musk is seeking to negotiate a “definitive agreement” with the board for the acquisition of Twitter.

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