Bloomberg reported Sunday that Oracle (ORCL) co-founder Larry Ellison and private-equity firm Thoma Bravo could join with Musk and raise up to $50 billion. That’s quite a war chest.
The $50 billion figure implies a much higher price for Twitter stock, about $72 a share. If the $50 billion is for all of Twitter, including, Musk’s existing stake, the implied price is about $65 a share.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.