I might not have all the details right, it isn’t 100% clear if Musk sold his Tesla shares or underwrote the purchase with them. There is a Reuters article that breaks it down, however I have seen some conflicting reports. The article claims he raised $20bn by selling stocks, then had to raise $2-3bn elsewhere (his existing Twitter stock was worth $4bn).
I might not have all the details right, it isn’t 100% clear if Musk sold his Tesla shares or underwrote the purchase with them. There is a Reuters article that breaks it down, however I have seen some conflicting reports. The article claims he raised $20bn by selling stocks, then had to raise $2-3bn elsewhere (his existing Twitter stock was worth $4bn).