Elon Musk raises direct money to buy Twitter to $33.5 billion

The price of the acquisition, accepted at the end of April, was 44 billion dollars, of which nearly 20 billion come from the personal fortune of Elon Musk.

Elon Musk raised to $33.5 billion the amount contributed directly by the entrepreneur and his partners for the takeover of Twitter, further lowering the amount borrowed from banks.

The chief executive of Tesla, who had initially subscribed for 25.5 billion loans, lowered these loans to 13 billion dollars, according to a document registered on Wednesday by the American authority of the markets (SEC), which considerably lightens his load. financial.

The price of the acquisition, accepted at the end of April by the board of directors, was 44 billion dollars, of which nearly 20 billion come from the personal fortune of Elon Musk. To do this, he had already sold $8.5 billion worth of Tesla shares.

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