Musk announces funding secured for Twitter buy
Actually, if you know what you are talking about, this filing actually shows Elon is about 21 billion dollars short. This is because 21 billion dollars of the commitment is coming from him and not from any financial institution. He is a very rich man but almost his entire wealth is tied up in tesla shares which he cannot sell in such large amounts and ownership of spacex which is even harder to sell.<p>If he tries to sell 21 billion dollars worth of tesla shares, the share price will collapse.<p>So no, once again he does not have funding secured. And once again he is trying to bullshit his way around the issue, although this time the bullshitting is a little more sophisticated.<p>It is still possible that he tries to sell a lot of tesla shares to get the cash to buy twitter, but it is unlikely.