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.