《We Chinese in America》Media Editor Tang Zhao, April 21, 2022】 The Wall Street Journal reported that Musk disclosed in a securities filing that he had secured $46.5 billion in financing commitments to fund his acquisition of Twitter. ( MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES)

Tesla CEO Elon Musk revealed on the 21st that he had received a letter of commitment of $46.5 billion to fund his acquisition of Twitter.

According to the Wall Street Journal, Musk said in a securities filing that he is currently exploring a public offer to buy Twitter shares directly from shareholders because Twitter’s board has not responded. But he also said it had not yet decided whether to do so.

Musk made a non-binding takeover proposal on the 14th to buy Twitter for $43 billion.

Musk said he has committed about $21 billion in equity financing. He also said he had received a letter of commitment from Morgan Stanley Advanced Financing to provide a $13 billion debt financing arrangement.

In a separate debt commitment letter, Morgan Stanley also proposed a $12.5 billion margin loan, according to Musk's securities filings, the report said.

Twitter responded with a so-called poison pill plan to make it harder for the world's richest man, Musk, to take a stake of more than 15 percent in the company after Musk made the non-consensual offer.

(Source: Information Compiled from the Web)

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