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Elon Musk to speculate as much as $15 bn of his personal cash to purchase Twitter -NYPost

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Elon Musk is keen to speculate between $10 billion and $15 billion of his personal cash to take Twitter Inc non-public and is planning to launch a young provide in about 10 days, the New York Publish reported on Tuesday, citing two sources conversant in the matter.

The billionaire has tapped Morgan Stanley to boost one other $10 billion in debt, in keeping with the report.

The social media firm adopted a “poison capsule” final week to guard itself from its second-biggest shareholder’s $43 billion buyout provide.

Twitter and Tesla didn’t instantly reply to Reuters’ requests for remark.

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