--- title: "Elon Musk Claims He Has the Money to Buy the Entirety of Twitter" description: "In a new filing with the SEC, SpaceX and Tesla CEO Elon Musk claims to have secured $46.5 billion in financing to buy Twitter." date: "2022-04-21" modified: "2022-04-21" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/elon-musk-money-buy-twitter" categories: - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "elon musk" - "the digest" - "twitter" --- # Elon Musk Claims He Has the Money to Buy the Entirety of Twitter ![In a new filing with the SEC, SpaceX and Tesla CEO Elon Musk claims to have secured $46.5 billion in financing to buy Twitter.]() *\Image: Getty Images/Futurism\* ## Funding Secured? In a [new filing]() with the Securities and Exchange Commission, SpaceX and Tesla CEO Elon Musk claims to have secured $46.5 billion in financing to buy Twitter. It's yet another surprising twist in the billionaire's quest to take over the platform and turn it into what [he says]() will be an "inclusive arena for free speech." Almost half of that amount, $21 billion, will come out of his own pocket, according to the filing. To make up another $12.5 billion of the amount, Musk is ready to take on billions of dollars in debt through a number of different banks. And $13 billion, according to the plan, will come out of his Tesla shares. ## Twists and Turns It's an interesting development, especially considering the endless speculation about whether Musk will [actually be able to scrape together enough money]() — and, of course, make enough of a compelling case to Twitter's board and shareholders. After all, Musk [revealed during an interview last week]() that he doesn't "care about the economics at all," seeming to mean that he's in in it as a matter of principle, not to make money. It's been a bizarre week. After Musk offered to buy Twitter for $43 billion last week, or [$54.20 a share]() — shortly after it came to light that he had [bought 9.2 percent of Twitter's shares]() — he [declined to take a seat]() at Twitter's board. To defend itself from a hostile takeover, Twitter's board [chose to approve a poison pill provision]() late last week, which could make Musk's buyout extremely expensive and complicated. In short, the ball is in Twitter's court. The board could still turn down his offer, in which case Musk has already threatened to pull out and sell his shares. It's still unclear whether Musk will have a comprehensive enough plan to convince Twitter's board. Given that several major shareholders [have already scoffed]() at Musk's offer, the company is unlikely to simply give in and hand over the keys. So the speculation continues. Twitter's operations have already reportedly been [thrown into a week of chaos](). Given the latest news, we're unlikely to get much more clarity on the situation any time soon. **READ MORE:** [Elon Musk still wants Twitter—and he now has $46.5 billion in financing]() \[*Ars Technica*\] **More on the saga:** *[Elon Musk Doesn’t Seem to Have Much of a Plan for Twitter]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()