April 21, 2022
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1:49Now PlayingElon Musk and his advisers will spend the coming days vetting potential investors interested in backing the $21 billion in equity he’s promised to fund an offer for Twitter, according to people familiar with the matter.
Several possible partners have reached out to Musk to be part of the equity financing, said the people, who asked not to be identified as the matter isn’t public. Musk laid out plans to finance the $43 billion offer in a filing Thursday, providing details on $25.5 billion of debt funding but leaving out any extra description of where he’d find the equity portion of the money.
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