Musk seeks to use less of his fortune with bid for more Twitter funding

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Musk seeks to use less of his fortune with bid for more Twitter funding
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The tech mogul is looking at various options such as pledging his shares of Tesla to secure bank loans

Musk has also pledged some of his Tesla shares to banks to arrange a $12.5bn margin loan to help fund the deal.Musk has also pledged some of his Tesla shares to banks to arrange a $12.5bn margin loan to help fund the deal.A week afterfinalized a $44bn deal to purchase Twitter, the billionaire is working to secure outside funding for the acquisition that would tie up less of his personal fortune.

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