Jared Burchall, managing director of American businessman Elon Musk, has recently been looking for new investors for Twitter, Semafor writes, citing sources.
At the end of October, Musk bought the social network, after which Twitter Inc. ceased to be a public company. At the same time, Musk expressed concern about the possible bankruptcy of the company. At the same time, having headed the social network, the businessman began to carry out reforms that caused the departure of advertisers.
According to Semafor, Musk’s team is now looking for investors to buy the company’s shares at a price of $54.20 per share. The businessman himself bought them at the same price.
The publication’s interlocutors say that several potential investors have already shown interest in Musk’s proposal. Some of them own shares of the automaker Tesla.
Elon Musk sold $3.6 billion worth of Tesla shares this week.
Author:
Natalia Gormaleva
Source: RB
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