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5/26, 12:11 AM (Source: TeleTrader)
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Musk adds $6.25B for Twitter takeover financing

Tesla, Inc. CEO Elon Musk has committed to ensuring an additional $6.25 billion in financing to back his $44 billion Twitter Inc. takeover deal, according to a disclosure in a regulatory filing on Wednesday.

Earlier today, Twitter stockholders blocked at an annual meeting the re-election of Egon Durban, one of Elon Musk's allies, to the company's board of directors, further hampering Musk's acquisition plans.

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