- Entry
- $221.86
- Final
- $272.20 +22.7%
- Target
- —
- Score
- -1.00
Let's reiew some details around Elon Musk's acquisition of Twitter. On April 14th, 2020, Musk announced he wanted to buy Twitter. Initially, Twitter resisted the proposal. Six days after the initial announcement (April 20th), Musk announced he'd secured funding for the deal, funding which, according to a [commitment letter from Morgan Stanley](https://www.sec.gov/Archives/edgar/data/1418091/000110465922049844/tm2213189d8_ex99-i.htm), included a $12.5 billion margin loan against Musk's TSLA stock. Then, on April 25th, Twitter dropped its opposition to the proposal and accepted Musk's offer. But the $12.5 …
— ORIGINAL POST ·
It looks like somebody saved Musk from a margin call in 2022
· r/wallstreetbets
· Apr 9, 2025