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Musk borrowed $1 billion from SpaceX as Twitter loan collateral, repaid it shortly after acquisition

  • Elon Musk borrowed $1 billion from SpaceX in October 2021 using his SpaceX shares as collateral.
  • The loan was taken around the time Musk acquired Twitter for $44 billion.
  • Musk repaid the SpaceX loan with interest in November 2021.
  • The loan represented 11% of the equity SpaceX has sold since 2009.
  • Musk financed the Twitter acquisition through $13 billion in debt from banks, $7.1 billion in equity, and $26 billion of his own funds which may have included the SpaceX loan.
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