Elon Musk says he's secured $46.5 billion in financing to buy Twitter

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Elon Musk says he's secured $46.5 billion in financing to buy Twitter
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Elon Musk says in a filing that he has secured $46.5 billion in financing to purchase Twitter.

ddp images / Sipa USA via AP fileTesla CEO Elon Musk said in a filing Thursday that he has secured $46.5 billion in financing to buy Twitter — mostly with borrowed money.

The tech mogul also said he continues to explore a so-called tender offer to acquire all of Twitter's shares from current stockholders.Musk is currently Twitter's largest individual shareholder, holding a 9 percent stake in the company. After Musk made an offer this month to purchase Twitter for $43 billion, the social media companyTwitter stock was up about 1 percent Thursday, to $47.24 a share.

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