How does Elon Musk have $43B of liquid cash?

Question

Does anyone have a better understanding of this? Is it from pumping and dumping crypto? I understand he is super duper rich, but I don't understand / have a hard time comprehending a number as large as $43B.

WheelsAtLarge · Accepted Answer

He may not but he can use his tesla stock plus however much he can borrow against his twitter equity assuming he gets control of twitter. Similar to the way people buy homes, you only need a down payment and the bank lends you the rest.
But from the point of view of the twitter stockholders they get 100% cash from musk for their shares.
It seems he might not have the financing in place so twitter have doubts about the offer. In theory, he can sell his tesla stock and have the money at hand. It's very unlikely for him to do that.

minimaxir · Answer

He does not have $43B liquid, which is why there are a lot of questions on how he would actually execute a hostile takeover.

trixie_ · Answer

You have a bank agree to underwrite it because you have the collateral and when the purchase is made then figure out all the details. A large chunk of it will no doubt be re-sold to private investors.

anamax · Answer

If Musk has competent financial planners, he has assets with various amounts of liquidity, including pre-arranged lines of credit.It would probably take him a while to get more than his supposed net-worth. However, getting $10-15B might be < 24 hours.