Probably the first thing that comes to mind when you hear about Elon Musk's acquisition of Twitter. I thought this infographic below from the Wall Street Journal did a great job answering that question.
It's a combination of:
- A $13b term loan from a combination of six banks
- A $12.5b margin loan from a combination of twelve (he has had to pledge his Tesla shares to get this loan)
- $21b of his own cash (wow)
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