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Elon Musk raises his direct contribution to buying Twitter

The American billionaire, Elon Musk, raised the amount he raised directly with his partners to buy "Twitter" to $33.5 billion, reducing the value of loans he would draw from banks.    The CEO of Tesla, which initially had 25.5 billion loans, cut these loans to $13 billion, according to a document registered by the U.S. Markets Authority (SEC), significantly easing the financial burden.

 



The American billionaire, Elon Musk, raised the amount he raised directly with his partners to buy "Twitter" to $33.5 billion, reducing the value of loans he would draw from banks.


The CEO of Tesla, which initially had 25.5 billion loans, cut these loans to $13 billion, according to a document registered by the U.S. Markets Authority (SEC), significantly easing the financial burden.


In early May, current Twitter shareholders committed to engaging their shares in the process and staying in the company's capital, albeit in a smaller proportion after it was withdrawn from exchange trading. The value of their shares subsequently contributes to the reduction of the amount to which Musk's insurance must be secured.


Musk announced that he had received other direct commitments that allowed him to reduce loans to acquire the procurement process by an additional $6.25 billion, but did not specify whether those amounts originated in whole or in part from his own funds or were joined by other investors.


Media.. Bill Gates paid millions to block Elon Musk's plans!



The Bill & Melinda Gates Foundation has poured hundreds of millions of dollars into 11 out of 26 organizations to prevent Elon Musk from taking over "Twitter," according to Short's data with Breitbart by Freedom Online.


Of the 11 organizations supported by Gates, reports led efforts to acquire Musk on Twitter by lobbying advertisers to boycott the platform, the New Venture Fund, a "dark money" organization that in 2020 received the largest one-year commitment by the Foundation in more than five years.


  1. The group is funded by the Media Justice Centre
  2. the Democracy Media Fund
  3. the National Hispanic Media Coalition and Accounting Technology


all of which have signed the open letter in support of Al-Mawadir province and have received some 102 separate cash grants from Gates since 2008 totalling $457 million, according to the private financial institution's disclosures. The group of other signatories, such as Sixteen Thirty Fund, included subsidiaries of the New Venture Fund.


The Tides Foundation, another dark financial group heavily supported by Gates funds, funds five other locations: Free Press, Indivisible, NARAL Pro-Choice America, Media Matters and Black Lives Matter Global Network, while



Gates and Musk have recently publicly feuded


  • with the Microsoft founder revealing that he still retains a short $500 million status against Musk's Tesla Electric Vehicles
  • even as he invited Gates Musk to participate in his climate charity. The founder of SpaceX made a distinctive move to Twitter to express his grievances
  • likening Gates' image to "pregnant man" and describing the images as "Bonner's killer."


The software mogul, who became an expert on the pandemic, has been a key proponent of censorship during the COVID-19 pandemic, insisting that vaccine skeptics should be banned from freely sharing their ideas on social media platforms.


The 26 organizations signed an open letter last month calling on advertisers to boycott Twitter


  • should Musk make any efforts to ease the platform's strict speech controls in the past few years.
  • "Musk's takeover of Twitter will increase the toxicity of our information system and pose a direct threat to public safety
  • especially among the most vulnerable and already marginalized."


The letter stated that advertisers who continued to work with the platform risked "being associated with a platform that amplifies hatred, extremism, health misinformation and conspiracy theorists."


The board approved Musk's $44 billion offer to buy Twitter earlier this month, but the acquisition was postponed as the billionaire called on Twitter to prove that "fake accounts already account for less than 5% of users.


The Platform made this claim last month in a quarterly financial report based on a sample audit, but acknowledged that the account had not been independently verified and that real figures could be higher.





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