The businessman plans to launch a public offering in about 10 days, according to the US media.
Elon Musk is willing to invest $10 billion to $15 billion of his own money to take Twitter Inc TWTR.N private and plans to launch a public offering in about 10 days, the New York Post reported Tuesday, citing two sources. familiar with the matter.
The billionaire turned to Morgan Stanley to raise another $10 billion in debt, according to the report.
The social media company took a “poison pill” last week to ward off a $43 billion takeover bid from its second-largest shareholder.