Two major investment firms have reportedly ended talks to help finance Elon Musk’s proposed Twitter deal
, going forward again as of yesterday, is pretty big. We’re talking a $44 billion price tag. And even the richest man in the world apparently needs help footing that bill.over the past year to free up some cash, Musk’s fever dream of owning his favorite app still depends on major banks like Morgan Stanley and Bank of America providing $12.5 billion in leveraged loans and unsecured bonds.
Investment firms Apollo Global Management and Sixth Street have abandoned talks to contribute financing for Musk’s agreement, sources told
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