What's going on here? Needs further investigation.
And other financial institutions also backing Musk in this purchase. But if Musk is the richest man in the world why does he need any backing at all?
Morgan Stanley is leading a $13 billion debt package for Elon Musk’s Twitter buyout and lending $12.5 billion against his Tesla stock. A good relationship with the world’s richest man may justify the risk, though, writes @LiamWardProud https://t.co/SigukbH5v8 pic.twitter.com/Pkor3jKXyr
— ReutersBreakingviews (@Breakingviews) April 25, 2022
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