Part of the story Elon Musk's takeover of Twitter and its transformation into X Coverage dated September 5, 2023
Musk Reportedly Took A $1 Billion Loan From SpaceX Just Before Buying Twitter Headline from Forbes
The billionaire paid back the entire loan amount, along with interest, in November last year, after his acquisition of Twitter was complete.
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Forbes
Musk Reportedly Took A $1 Billion Loan From SpaceX Just Before Buying Twitter ↗ (opens Forbes) Published Sep 5, 2023
Forbes's feed description The billionaire paid back the entire loan amount, along with interest, in November last year, after his acquisition of Twitter was complete.
Fortune
Elon Musk took a $1 billion loan from SpaceX just days before he closed his Twitter deal ↗ (opens Fortune) Published Sep 5, 2023
Fortune's feed description The tycoon secured a major loan from a company he controlled to fund his private acquisition of Twitter, thwarting short sellers in the process.
Insider
Elon Musk borrowed $1 billion from SpaceX around the same time he bought Twitter, report says ↗ (opens Insider) Published Sep 5, 2023
Insider's feed description Elon Musk took out a loan worth more than one-fifth of SpaceX's cash and securities on hand, backed by his stock in the company, the WSJ reported.
Washington Times
Musk took out $1 billion loan from SpaceX ahead of Twitter deal ↗ (opens Washington Times) Published Sep 5, 2023
Washington Times's feed description Tech billionaire Elon Musk borrowed $1 billion from his company SpaceX just before buying Twitter, according to a report.
New York Post
Elon Musk borrowed $1B from SpaceX the same month he bought Twitter ↗ (opens New York Post) Published Sep 5, 2023
New York Post's feed description Elon Musk borrowed $1 billion from SpaceX in October — the same month he completed his acquisition of Twitter for $44 billion. He paid the entire sum back with interest just one month later.
Wall Street Journal
WSJ News Exclusive | Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition ↗ (opens Wall Street Journal) Published Sep 5, 2023
Wall Street Journal's feed description The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares.