{"id":5657,"date":"2022-05-07T15:36:23","date_gmt":"2022-05-07T13:36:23","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/05\/07\/elon-musks-takeover-financing-deal-could-clip-twitters-wings\/"},"modified":"2022-05-07T15:36:23","modified_gmt":"2022-05-07T13:36:23","slug":"elon-musks-takeover-financing-deal-could-clip-twitters-wings","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/05\/07\/elon-musks-takeover-financing-deal-could-clip-twitters-wings\/","title":{"rendered":"Elon Musk\u2019s takeover financing deal could clip Twitter\u2019s wings"},"content":{"rendered":"<p>The Tesla tycoon\u2019s complex bid for the social media platform will load the tech firm with debt<\/p>\n<p>If you want to know who the world\u2019s richest man has on speed dial, then a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001494730\/000110465922056055\/tm2214608-1_sc13da.htm\" title=\"\">regulatory filing on Thursday<\/a> provided an insight. Elon Musk announced a <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/may\/05\/elon-musk-secures-7bn-in-outside-funding-for-twitter-takeover\" title=\"\">score of new backers<\/a> for his $44bn (\u00a335.6bn) <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/apr\/25\/twitter-elon-musk-buy-takeover-deal-tesla\" title=\"\">Twitter takeover<\/a>, including Oracle tycoon Larry Ellison, the crypto market\u2019s leading trading platform, the Qatari sovereign wealth fund and a Saudi prince.<\/p>\n<p>If this was Tesla\u2019s boss displaying his power network, it was also an admission that \u2013 despite recent words to the contrary \u2013 the numbers behind his audacious bid do matter. Discussing his offer last month, Musk said: \u201cI don\u2019t care about the economics at all.\u201d For some of Wall Street\u2019s biggest banks, Tesla\u2019s shareholders and even Twitter users, the economics are very important indeed.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/may\/07\/elon-musks-takeover-financing-deal-could-clip-twitters-wings\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/946b1366d7296ef755c1c33b6baf58fe8641b95b\/0_102_3500_2100\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=8bddaaf4aca01c9facfbfb70b7407010\" title=\"Elon Musk\u2019s takeover financing deal could clip Twitter\u2019s wings\" \/>The Tesla tycoon\u2019s complex bid for the social media platform will load the tech firm with debt<br \/>\nIf you want to know who the world\u2019s richest man has on speed dial, then a regulatory filing on Thursday provided an insight. Elon Musk announced a score of new backers for his $44bn (\u00a335.6bn) Twitter takeover, including Oracle tycoon Larry Ellison, the crypto market\u2019s leading trading platform, the Qatari sovereign wealth fund and a Saudi prince.<br \/>\nIf this was Tesla\u2019s boss displaying his power network, it was also an admission that \u2013 despite recent words to the contrary \u2013 the numbers behind his audacious bid do matter. Discussing his offer last month, Musk said: \u201cI don\u2019t care about the economics at all.\u201d For some of Wall Street\u2019s biggest banks, Tesla\u2019s shareholders and even Twitter users, the economics are very important indeed. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tesla tycoon\u2019s complex bid for the social media platform will load the tech firm with debt If you want to know who the world\u2019s richest man has on speed dial, then a regulatory filing on Thursday provided an insight. Elon Musk announced a score of new backers for his $44bn (\u00a335.6bn) Twitter takeover, including &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/05\/07\/elon-musks-takeover-financing-deal-could-clip-twitters-wings\/\"> <span class=\"screen-reader-text\">Elon Musk\u2019s takeover financing deal could clip Twitter\u2019s wings<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":5658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5657"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=5657"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/5658"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=5657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=5657"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=5657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}