Money - International
Musk secures US$46.5b financing commitment for Twitter, explores tender offer
SpaceX owner and Tesla CEO Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles June 13, 2019. u00e2u20acu201d Reuters pic

NEW YORK, April 21 — Elon Musk has secured a US$46.5 billion financing commitment to acquire Twitter Inc and is considering starting a tender offer for its outstanding shares, a filing with US regulators showed today.

Musk has offered to buy Twitter for US$43 billion, which prompted Twitter to adopt a ‘poison pill’ to limit Elon Musk’s ability to raise his stake in the social media platform. — Reuters

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