Twitter re-examines Musk's bid after Tesla CEO secures financing: report | Fox Business

Initially hostile to the idea of Tesla CEO Elon Musk taking over Twitter, the company is reportedly warming up to the idea after the billionaire said last week he had secured the necessary $43 billion in funding. Sources familiar with the matter told The Wall Street Journal that Twitter is taking another look at the deal and may be closer to negotiating, given how quickly Musk was able to secure financing.  FILE: Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin.  (Hannibal Hanschke/Pool Photo via AP, File / AP Newsroom)Still, any final deal is far from conclusive. Both sides were expected to meet Sunday to discuss the situation in more detail.  Musk announced an offer last week to buy the social media platform for $54.20 per share, but did not say how he would finance the acquisition.Stocks in this Article Musk said Thursday in documents filed with U.S. securities regulators that the money would come from Morgan Stanley and other banks, some of it secured by his huge stake in the electric carmaker.ELON MUSK CONFIRMS HE TURNED DOWN BILL GATES ON CLIMATE CHANGE COLLABORATION OVER SHORTING TESLATwitter has enacted an…
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