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Elon Musk plans to count a lot more seriously on equity to finance his $44 billion offer for Twitter Inc.
TWTR,
amid a sharp decrease in Tesla Inc.
TSLA,
inventory in current months.
Musk’s funding program now consists of $33.5 billion in fairness, up from $27.25 billion, in accordance to a Wednesday regulatory filing. He no for a longer period programs to rely on a margin financial loan backed by Tesla shares, which are down by about a 3rd considering the fact that he struck a offer with Twitter in late April.
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