Sina Technology News Beijing time on the evening of April 20, according to reports, people familiar with the matter said today that Tesla, Inc. CEO Elon Musk (Elon Musk) has begun to contact Wall Street's potential financial partners to acquire for it.$Twitter (TWTR.US) $Raise money.
Mr Musk and his advisers have held talks with several potential partners on debt financing, the person familiar with the matter said. At present, Wall Street's largest banks and M & A firms disagree on whether they will step in to help Musk buy Twitter.
Morgan Stanley will almost certainly help support Mr Musk's bid, according to people familiar with the matter. In fact, Morgan Stanley was the behind-the-scenes adviser for Musk's unsolicited bid for Twitter.
Apollo Global Management (Apollo Global Management Inc) is also interested in helping Musk acquire Twitter, another person familiar with the matter said earlier this week.
Meanwhile, private equity firms, including Blackstone Group Inc, Brookfield Asset Management and Vista Equity Partners, have ruled out participation, according to people familiar with the matter.
Musk announced last Thursday that he plans to buy Twitter for $54.20 a share, valuing it at about $43.4 billion.
Musk is currently the richest man in the world, with a fortune of about $261 billion, but much of it is linked to Tesla, Inc. 's stock. Analysts say Mr Musk has a variety of options to fund the bid, including selling some of the shares, using them as collateral for loans, raising debt financing, or bringing in investment partners.
In addition to raising money, Mr Musk must win the support of Twitter's board for a successful bid. Although Twitter has not yet rejected Musk's offer, it has launched a "poison pill" program to block Musk's acquisition.