Elon Musk is currently preparing to raise debt for the Twitter acquisition.
According to people familiar with the matter, Morgan Stanley, the partner institution of the acquisition plan, is raising funds for the acquisition recently. Musk is currently only considering debt financing with his Tesla stock as collateral, and does not consider equity financing for the time being. The financing will be completed as soon as this week.
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It was reported earlier today that Elon Musk plans to launch a takeover bid for Twitter (TWTR.N) in about 10 days. Musk himself will contribute between $10 billion and $15 billion in the acquisition, and other acquisition partners and companies will contribute about $20 billion.
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