Elon Musk funded the acquisition of Twitter by raising debt from foreign sources including Saudi Arabia, big banks, and other big tech figures.
Posted by The MeidasTouch Podcast, Checked
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The MeidasTouch PodcastOct 27, 2026
The sources confirm Musk financed the all-cash Twitter takeover with a $13 billion bank debt package (Bank of America, Barclays, BNP Paribas, Mizuho, Morgan Stanley, MUFG, Societe Generale) and foreign-linked equity including Saudi Prince Alwaleed bin Talal ($1.89 billion) and Qatar, but the claim's 'debt from foreign sources' framing is contradicted: the debt came mainly from US banks, with the.
What was said
… Well, I want to talk about Brazil in a moment, but, Jordi, I do want to point out that Musk did make massive profits on the purchase of X, and what they did was, they raised huge amounts of debt from foreign sources, Saudi Arabia, big banks, other big tech people over here, to fund, basically, the all cash acquisition of Twitter. They brought it private, then what they did, once it was private, is they then stuck X into SpaceX, which gets a lot of its money from government contracts. They then made it into an AI company. …
The MeidasTouch Podcast · · from the transcriptPost →What we found
Contradicts. The $13 billion debt was supplied by US and European banks (Bank of America, Barclays, BNP Paribas, Mizuho, Morgan Stanley, MUFG, Societe Generale), not by foreign sources; the foreign-linked money (Saudi, Qatar, UAE, China, Canada) was equity, not debt.[1][2][3]
Supports. Reuters reports Musk's $44 billion Twitter deal was financed with a $13 billion debt package from major banks, and about $7 billion in equity from large investors.[1][4]
Supports. Saudi Prince Alwaleed bin Talal committed about $1.89 billion in equity to the Twitter takeover, per the SEC filing reported by CNBC and Brookings.[2][5][6]
Context. Musk's financing also included a margin loan secured by Tesla stock and roughly $27 billion of his own cash, which the claim omits.[2][3][8]
Context. No source identifies 'other big tech people' as debt providers; the named tech-linked backers (Larry Ellison, Andreessen Horowitz, Binance, Jack Dorsey) were equity investors.[6][7][9]
Sources
9 sources: 1 fact-checker, 1 primary, 6 not rated, 1 tier 2
- 1Who is financing Elon Musk's $44 billion deal to buy Twitter?reuters.com · fact-checker · cited for: contradicts, supports
- 2The national security grounds for investigating Musk's ...brookings.edu · primary source · cited for: contradicts, supports, context
- 3Elon Musk's $13 billion upper hand versus Wall Street - Fortunefortune.com · not rated · cited for: contradicts, context
- 4Factbox-Who is financing Elon Musk's $44 billion deal to buy Twitter?euronews.com · not rated · cited for: supports
- 5Elon Musk Secures Extra $7B Backing for Twitter Dealbusinessinsider.com · not rated · cited for: supports
- 6Elon Musk secures over $7 billion in funding from investors ... - CNBCcnbc.com · not rated · cited for: supports, context
- 7Elon Musk sells at least $3.95B of Tesla shares after Twitter ...nbcnews.com · tier 2 · cited for: context
- 8How Elon Musk financed his $44bn Twitter takeoveraljazeera.com · not rated · cited for: context
- 9Saudi prince, Larry Ellison and others pony up $7bn to back Musk's bid to acquire Twitterbiznews.com · not rated · cited for: context
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