How it compares to other leveraged buyouts
Tanay, this is excellent info that I have come back to several times. There seems to be some confusion out there on whether or not Musk took on personal debt (via margin loans) to fund the Twitter acquisition. While margin loans were part of the original package they were later dropped. Some reporting indicates that he does have margin loans (backed by Tesla) on Twitter. I see he has a significant number of his Tesla stock pledged for personal loans, which predated the acquisition, but nothing definitive on any personal loans to fund Twitter. Is Musk personally on the hook for any of Twitter's debt, or does it all fall on Twitter and the banks?
I consider this a very skillfully written, easy to understand and well-detailed analysis of the twitter deal. Thank you for taking time to explain this.
PS: I dont know if all Tanay wrote is factually correct, but my opinion above still holds.