Elon Musk denies announcing plans to raise $3 billion for Twitter

Elon Musk crushes a new story in The Wall Street Journal saying he considered raising $3 billion to pay off some of Twitter’s debt. Conversations about this took place last month, according to the report, and the potential investment figure may have been less than $3 billion. The social media platform is about $13 billion in debt, and while Musk has cut the majority of Twitter’s workforce, its revenue has also fallen precipitously. Musk disputed the report in a Twitter thread on Wednesday in which he also railed against “corporate media accomplices”. [who] clearly have their marching orders to write bestselling articles about me these days.

Read it on The Wall Street Journal

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