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He had a 9.6% stake in Twitter so he would have rolled that in, and he sold Tesla to make up the rest. I think I read he had a total of around 27 billion of his own money in it.EDIT: oh i misread your post. For the $12.5B loans, I dunno what the deal on collateral was. The banks were going to sell the debt on but in the blink of an eye they ended up stuck with it on balance sheets.EDIT: ok here's what CNBC had to say awhile back. So he's really in pretty deep if the thing just goes south.[URL unfurl="true"]https://www.cnbc.com/2022/04/28/elon-musk-will-be-most-indebted-ceo-in-america-if-twitter-deal-closes.html[/URL]
He had a 9.6% stake in Twitter so he would have rolled that in, and he sold Tesla to make up the rest. I think I read he had a total of around 27 billion of his own money in it.
EDIT: oh i misread your post. For the $12.5B loans, I dunno what the deal on collateral was. The banks were going to sell the debt on but in the blink of an eye they ended up stuck with it on balance sheets.
EDIT: ok here's what CNBC had to say awhile back. So he's really in pretty deep if the thing just goes south.
[URL unfurl="true"]https://www.cnbc.com/2022/04/28/elon-musk-will-be-most-indebted-ceo-in-america-if-twitter-deal-closes.html[/URL]
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