Elon Musk stated that he wanted to buy Twitter in the past weeks and made the offer, but Twitter executives announced that he was not interested. According to research, Elon Musk’s financial assets are not enough to buy Twitter.
As you know, earlier this month, Elon Musk launched Twitter per share. It offered to buy it for $43 billion at $54.20 and we have presented it to you. However, the Twitter board has stated that it is not interested in being bought by the Tesla and SpaceX CEO and will implement the so-called ‘poison pill’ defense to prevent Musk from taking over the company.
Although Musk claims he has a Plan B if his offer is turned down by the Twitter board, he can’t take the deal. financing Problems may arise because a professor at New York University has stated that billionaire Elon Musk does not have enough liquidity to buy Twitter in an all-cash deal and must sell a few Tesla shares in order to buy it.
Musk’s liquid assets are not enough to buy Twitter
According to Forbes’ real-time billionaire list, Elon Musk richest person in the world with a net worth of $269.5 billion. However, if we talk in terms of assets, all of Musk’s assets are in Tesla and SpaceX shares. his own total liquid assets of $2.95 billion. This is not enough to buy Twitter.
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It’s like Elon Musk actually bought Twitter selling their shares it needs to add assets to its liquid assets. Only then might he have enough to buy Twitter. What are you thinking? Please do not forget to share your thoughts with us in the comments.