Musk To Provide $6.25 Billion More In Equity To Fund Twitter Deal

Musk To Provide $6.25 Billion More In Equity To Fund Twitter Deal

(Reuters) – Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday.

Twitter shares jumped 10% in extended trading.

(Reporting by Eva Mathews in Bengaluru)