Elon Musk registers three 'X Holdings' companies to support Twitter takeover bid

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Elon Musk registers three 'X Holdings' companies to support Twitter takeover bid
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Elon Musk has registered three companies in Delaware under the name ‘X Holdings’ to support his bid to buy Twitter and take the social media giant private.

Musk says he has received commitments of approximately $46.5 billion to help finance a potential deal, including roughly $21 billion in equity financing and around $25.

5 billion in debt financing through Morgan Stanley Senior Funding and other firms, including Bank of America, Mizuho Bank, Barclays, MUFG, Société Générale and BNP Paribas.

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