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Elon Musk's Financing Syndicate for Twitter Acquisition Investigated at Delaware Business Court
15:23 - 23:36 (08:13)
A financing syndicate, including debt and equity co-investors, put together by Elon Musk to purchase Twitter at $54 is facing investigation at the Delaware Business Court to determine if investors who agreed to buy the social media platform would still go through with the acquisition. The Delaware Business Court is considering Twitter's disclaimers and the effect of the recent changes in the markets on the ability of Elon to secure financing.
Clips
Elon Musk put together a financing syndicate for purchasing Twitter at $54, raising questions about whether or not the investors would still go through with the transaction considering recent market volatility.
15:23 - 19:20 (03:56)
Summary
Elon Musk put together a financing syndicate for purchasing Twitter at $54, raising questions about whether or not the investors would still go through with the transaction considering recent market volatility.
ChapterElon Musk's Financing Syndicate for Twitter Acquisition Investigated at Delaware Business Court
EpisodeE99: Cheating scandals, Twitter updates, rapid AI advancements, Biden's pardon, Section 230 & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
If the deal for Tesla's junk bond debt does not get done by April, the banks can walk away from their commitment to fund the debt, but Elon Musk has a financing contingency that allows him to walk away as well.
19:21 - 21:02 (01:41)
Summary
If the deal for Tesla's junk bond debt does not get done by April, the banks can walk away from their commitment to fund the debt, but Elon Musk has a financing contingency that allows him to walk away as well.
ChapterElon Musk's Financing Syndicate for Twitter Acquisition Investigated at Delaware Business Court
EpisodeE99: Cheating scandals, Twitter updates, rapid AI advancements, Biden's pardon, Section 230 & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker once considered an activist play at Twitter and believed that the company could make back any lost finances given enough time and determination.
21:02 - 23:36 (02:34)
Summary
The speaker once considered an activist play at Twitter and believed that the company could make back any lost finances given enough time and determination.