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“Dangerous” Elon Musk Has $46.5bn for Twitter

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As Elon Musk makes his next move to take over Twitter, the Left is labeling him as “dangerous,” and a “threat to democracy.” However, it isn’t stopping him from buying Twitter. Twitter’s spokesperson said they have an offer in hand from Elon Musk to buy the platform.

Elon Musk has secured commitments for $46.5bn (£35.5bn) that would allow him to bypass Twitter’s (TWTR) board. He can make a tender offer, that is, go directly to the social media company’s shareholders with his takeover bid, Yahoo reports.

Musk said he would personally provide $21bn of equity for the deal with another $12.5bn coming from margin loans, according to paperwork filed with the Securities and Exchange Commission on Thursday.

Banks, including Morgan Stanley, have agreed to provide another $13bn in debt secured against Twitter itself, according to the filing.

Musk is serious. He’s going for it. He

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