Elon Musk Denies Reports of Raising $3B to Pay Off Twitter Debt
Wall Street Journal reports Elon Musk is in talks to raise $3 billion to pay off Twitter debt.
The report states that Musk is exploring potential fundraising to begin paying back $13 billion in debts connected to the social media platform.
The report notes that Musk and his representatives have been in talks to sell up to $3 billion in Twitter shares, with discussions back to December.
Conversely, Musk has taken to Twitter to deny the report.
No official confirmation from either side on the matter of debt payoff or fundraising via Twitter shares sale