Twitter Now Privately Owned By Elon Musk, Big Banks, a Long List of Investment Companies, including the Govt. of Qatar, plus a Saudi Prince

Mining Awareness

Now that it’s privately owned, rather than publicly owned, we will probably never know who really owns Twitter (and your data). The ownership will continue to change, as before, but since it’s not trading publicly then there won’t be routine reports. SpaceX is private, too, and really anyone could own it-fund it, including foreign governments. Unless there is transparency, SpaceX should get no government contracts. And, government officials should not be using Twitter instead of posting on government web sites, anyway. Yet, they do.

“Musk Takes Twitter Helm, Enacts Sweeping Change as Deal Closes” Musk plans on replacing ousted CEO Parag Agrawal for now
: The billionaire also intends to scrap lifelong bans on users, by Katie Roof, Ed Hammond, and Kurt Wagner (https://www.bloomberg.com/news/articles/2022-10-28/musk-is-said-to-take-twitter-ceo-role-reverse-life-bans)

At least Parag Agrawal got his comeuppance. Now formerTwitter CEO Agrawal, when he was CTO:

“Our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation and our moves are reflective of things that we believe lead to a healthier public conversation…. Where our role is particularly emphasized is who can be heard. The scarce commodity today is attention. There’s a lot of content out there…” MIT Tech Review: “EmTech Stage: Twitter’s CTO on misinformation We interviewed Twitter’s CTO about how they balance moderating false info while avoiding becoming an “arbiter of truth” November 18, 2020 (https://archive.md/JQ2cu, https://en.wikipedia.org/wiki/Parag_Agrawal)

Oct 6 (Reuters): 

Elon Musk has pledged to provide $46.5 billion in equity and debt financing for his acquisition of Twitter (), which covers the $44 billion price tag and closing costs. While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc () and by leaning on equity financing from large investors, major banks have committed to provide $13 billion.”

List given by Reuters:

Joint loan arrangers $13 billion debt financing package

Bank of AmericaBarclaysBNP ParibasMizuho,
Morgan StanleyMUFGSociete Generale$6.5 billion term loan facility$500 million revolving loan facility53 billion secured bridge loans$3 billion unsecured bridge loans

Equity Investors

A.M. Management & ConsultingAH Capital ManagementAliya Capital PartnersBAMCOBinanceBrookfieldDFJ Growth IV PartnersFidelity Management & Research CompanyHoneycomb Asset ManagementKey Wealth AdvisorsLawrence J. Ellison Revocable TrustLitani VenturesQatar HoldingSequoia Capital FundStrauss Capital LLCTresser Blvd 402 LLC (Cartenna)VyCapitalWitkoff CapitalSaudi Arabian investor Prince Alwaleed bin Talal

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Via https://miningawareness.wordpress.com/2022/10/28/twitter-now-privately-owned-by-elon-musk-big-banks-a-long-list-of-investment-companies-including-the-govt-of-qatar-plus-a-saudi-prince/