(Reuters) - Elon Musk has pledged to provide $46.5 billion in equity and debt financing for his acquisition of Twitter, which covers the $44 billion p.
Buying Twitter is an accelerant to creating X, the everything app, Musk tweeted on Tuesday night, hours after he offered to complete the buyout at his original offer price of $44 billion.
Musk is scheduled to be deposed on Thursday in Austin, two sources familiar with the court proceedings said, just days after Musk said he would be purchasing Twitter for $44 billion.
Elon Musk revealed in a Securities and Exchange Commission (SEC) filing on May 4 that he has secured $7.14 billion in funding for his $44 billion Twitter acquisition. The named group of investors.