2min chapter

The Journal. cover image

Lending Elon Musk Money Was A Very Bad Bet

The Journal.

CHAPTER

The Financial Fallout of Musk's Twitter Acquisition

This chapter examines Elon Musk's $13 billion acquisition of Twitter, highlighting the contributions of seven major banks in financing the deal. It uncovers the initial motivations behind the banks' involvement and sets the stage for a discussion on why this transaction is viewed as one of the worst in banking history.

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