Musk Sold Almost $4 Billion Of Tesla Stock After Twitter Purchase via insideevs.com
Elon Musk's acquisition of Twitter has made headlines for the past two weeks and continues to do so in the context of the US midterm elections.
According to regulatory filings published by the US Securities and Exchange Commission and picked up by, Musk unloaded 19.5 million shares between October 4–October 8, but the purpose of the sale was not disclosed. The billionaire pledged to provide $46.5 billion in equity and debt financing for the purchase of Twitter to cover the $44 billion price tag and the closing costs. Banks, including Morgan Stanley and Bank of America Corp, commited to provide $13 billion in debt financing.
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