Elon musk wants Twitter, that’s no secret. Now, reports are emerging that he is putting his money where his mouth is, willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private and is planning to launch a tender offer in about 10 days, the New York Post reported, citing two sources familiar with the matter.
Musk has tapped Morgan Stanley to raise another $10 billion in debt, according to the report. Some users claim that he is on a mission to “liberate Twitter” and many on the conservative side of the political aisle are embracing the move. $TWTR shares have been higher since musk made his investment stake known.
(Reporting by Sonia Cheema and Yuvraj Malik in Bangalore; Editing by Anil D’Silva)