This is an earthquake in global media and politics, where Twitter hosts the discourse.
for around half of the financing. The rest comes via loans from, or arranged by, Morgan Stanley. No word yet on if he's managed to secure equity partners.Who will run Twitter under Musk? His original offer letter included criticism of current company management, so it's unlikely that Parag Agrawal will remain CEO. At the same time, Musk is already running multiple companies, and it's almost impossible to imagine him adding another.
Expect that we'll soon learn more about the transaction, including termination fees were either side to walk away before it closes.Editor's note: This is a developing story and has been updated throughout.
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