Post
Topic
Board Economics
Re: Elon Musk makes offer to buy Twitter
by
noorman0
on 28/04/2022, 17:59:21 UTC
-snip-
 he even bought it with cash, for 630 trillion, not a small amount of money for a platform,

I don't see any reference anywhere on this. And I'm not sure that it's easy to monetize his fortune that much. There will be a lot of inequality that affects his companies due to the fact that most of Elon's wealth is in liquid assets, not cash.
And I found this information:

Quote
In Monday’s statement, Twitter said Musk is providing about $21 billion and has secured $25.5 billion of debt and “margin loan financing,” adding “there are no financing conditions to the closing of the transaction.”
~ source

He didn't fully use his wealth to plan to acquire twitter.