Elon Musk Reportedly Raised $46.5 Billion for Twitter Takeover

Elon Musk says it has committed $46.5 billion in funding to launch a takeover bid for Twitter. He is considering launching a formal bid to all shareholders for the online service’s outstanding shares, the SEC said in a filing Thursday. Musk has commitments for loans of a good $25 billion and also wants to bring in shares worth around $21 billion.

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