Elon Musk Willing to Invest $15 Billion to Take Over Twitter: Sources Cite
Is Elon Musk serious about taking Twitter private? Multiple sources suggest he is, and he's putting serious money on the table. The latest reports indicate that Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private. This information comes from various sources citing inside knowledge of the deal.
The New York Post reported on Tuesday that Musk was willing to invest between $10 billion and $15 billion of his own money to take Twitter private, citing two sources familiar with the situation. The reported $15 billion figure is significant and underscores Musk's commitment to acquiring the social media giant.
Information from two sources claims that Elon Musk is willing to throw $10 to $15 billion of his own cash to take over Twitter. This willingness to commit such a large sum suggests Musk is determined to transform the platform. The New York Post said in a report citing two people close to the situation that Musk is willing to invest between $10 billion and $15 billion of his own money to take action. The reported $15 billion is much higher than some initial estimates, indicating a strong push from Musk.
Stay tuned for updates on this developing story as more details emerge regarding Elon Musk's potential takeover of Twitter.