$44 Billion is a LOT of money even for Musk….
He has outlined his plan to finance the deal by taking loans from banks — and funding about $21 billion with his own equity.
Here are the risk factors the deal still faces.
Twitter’s stock
Twitter’s stock price fell Wednesday to close at $48.64. That’s well below the purchase price — $54.20 per share — that Musk is set to pay for the company. Analysts said that indicates some investors were spooked the deal could fall through.
Twitter shareholders will get to vote to approve the deal, so Musk needs support from many of them….