Musk to Fund $6.25B More for Twitter Deal

Elon Musk (Getty Images)

Wednesday, 25 May 2022 04:49 PM EDT ET

Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday.

Twitter shares jumped 10% in extended trading.

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Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc., a regulatory filing showed on Wednesday.
elon musk, equity financing, twitter acquisition, 6.25 billion
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2022-49-25
Wednesday, 25 May 2022 04:49 PM
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