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Elon Musk Borrowed $1 Billion From SpaceX To Finance His Acquisition Of Twitter | InvestmentBell

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AnalysisIndicesElon Musk borrowed $1 billion from SpaceX to finance his acquisition of...
Indices

Elon Musk borrowed $1 billion from SpaceX to finance his acquisition of Twitter

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Elon Musk borrowed $1 billion from SpaceX to finance his acquisition of Twitter

According to a Wall Street Journal report, SpaceX CEO Elon Musk borrowed $1 billion from his company in the same month he acquired Twitter in October 2022.

The loan was backed by some of Musk’s shares in SpaceX, and was repaid in full in November 2022.

It is noteworthy that Musk acquired Twitter for $44 billion, making it the largest acquisition of a media company in history.

This information raises questions about Musk’s ability to manage two giant companies at the same time.

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مرحبا هذه انا هند نجاح الميالي مدربة ومتداولة في اسواق المال خبرة في التحليل الاساسي والفني خمس سنوات اقوم بنشر مقالاتي التي تخص الاخبار العامة والعاجلة واهم الاحداث الاقتصادية والتحليلات اليومية الفنية في اسواق المال قناة التلكرام العامة:https://t.me/+FJ12EoUOuG4yZjAy
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