Twitter Said to Near $43 Billion Deal With Musk

Twitter Said to Near $43 Billion Deal With Musk
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Changed over the weekend coming into This week Over the weekend elon musk held video Calls with the key investors he met with Twitter executives Uh this is him playing his best hand Right according to sources trying to Sell his best vision Of how he changes the twitter platform How he boosts revenues he's being really Active in this and it's just as how it Played out over the eastern pass over Weekend he has his bankers working the Deal he himself is working the deal and As you said according to a bloomberg Source if all goes well something could Come later today How important is it that morgan stanley Is reportedly involved they've got a Huge Tech history out there these are names People can be comfortable with how Important is that in the banker to Banker chat Crucial because of all of the parties Involved in this right tom that Elon musk is trying not just to secure The debt financing which he did that's 25.5 billion part of the deal but he's Also been vetting equity partners high Net worth individuals family offices he Has to convince a lot of folks if he Wants this deal to happen well not only That he wants the deal to happen ed but

That he has financial interests at heart When he talks about the deal he talked a Lot about how he wanted this for the for The uh for the idea of free speech not Necessarily an economic interest that Doesn't sell to investors does it No it doesn't and you're exactly right Lisa there was a key p equal piece According to sources that kind of Contradicts that which is in the Powerpoint presentations which as you Know in any deal the deck is so Important um there were slides about how He plans to boost revenue this has Always been the question for twitter How do they monetize the full potential Of the platform you know they have very Modest top-line numbers compared to some Of the social media giants they compare With um how is he going to improve that And apparently that was a big part of His selling ed i'm also wondering about The financing of this you talked about The 25 and a half billion dollars in Debt financing of the equity investors How much is elon musk himself backed by Tesla shares that could be put on the Line should this bid go through Yeah the math is really important so Elon musk only has three billion dollars Of cash for cash equivalents as part of His net wealth right so one hypothesis Was that he'd sell down some of his Tesla steak to become more liquid but he

Has other options right he according to Sources in our bloomberg reporting last Week he could front say five to ten Billion dollars of that 21 to either Selling down tesla shares or even some Of the private stakes he has in other Businesses like boring or spacex and Then the the remainder of the 21 comes From people that he that he wants Involved in this process right the names That we've been talking about across Private equity are still there they're Still being mentioned tom bravo silver Lake of course already has a seat on the Board at twitter so be interesting to See how that remainder of the financing Plays out