4min chapter

Patrick Boyle On Finance cover image

Elon Musk- Corporate Raider - Will He Actually Buy Twitter?

Patrick Boyle On Finance

CHAPTER

Twitters Stock Price Isn't Budged - Is It?

The fact at twitters stock price barely budged means that it's not yet being taken seriously. So why is this? Well, the loans the twitter would be taking on are variable rate loans tied to sofar an overnight lending rate. Next up is the margin loan made directly to musk for 12 and a half billion dollars. The more money he borrows against his tesla stock, the more he's at a risk of getting shaken out of it should a correction occur in the stock price. And we have to wonder if he would really want to do this just to own twitter. If his aim with twitter is non financial, as he states, he can probably achieve it right

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