$TWTR: Musk Has The Funding

Hat tip to Elon, in that this time it sounds like he really has the funding to buy $TWTR:


Elon Musk said he has lined up $46.5 billion to fund his bid for Twitter Inc., answering the biggest question that had loomed over his takeover offer.

In a regulatory filing, Mr. Musk also said he was considering taking his offer straight to Twitter shareholders, bypassing a board that appears dug in. Twitter said Thursday it was reviewing the newly detailed proposal.--------------------------------------------------------------------------------------------------------------------------------------------->

Now he says he has lined up more than $25 billion in debt from a group of banks led by Morgan Stanley, Bank of America Corp. and Barclays PLC. He would personally commit $21 billion in equity, the deal-making equivalent of a down payment on a home.