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Elon Musk’s takeover of Twitter – Elon Musk increases direct investment in Twitter purchase to $33.5 billion

(Belga) Elon Musk increased the amount directly contributed by the entrepreneur and his partners to the takeover of Twitter to $33.5 billion, further reducing the amount borrowed from banks.

Tesla’s chief executive, who originally signed up for $25.5 billion in loans, has reduced those loans to $13 billion, according to a filing filed on Wednesday by the US Markets Authority (SEC), greatly easing his financial burden. (Belga)

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