Banks Lose $500 Million If They Fund Elon Musk

International Banks Including Barclays and Bank of America are commited to raise $13 Billion in debt to finance Elon Musk.

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This $13 Billion debt is to help elon musk in Twitter Buy Deal. Elon Musk stated some months ago about the deal.

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Banks will have to suffer with loss of $500 Million collectively if elo musk takeover Twitter.

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Although, Elon Musk put his efforts to terminate the Twitter takeover deal from last 3 months.

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But now testla owner abandoned his efforts of terminating the deal through US Court in Delaware.

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Elon musk also clarified that he will buy twitter at original terms. He cancelled shave of $10 billion offer.

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Elon musk stated that He is not buying twitter for money. He thinks it's not worthful if He trying to buy some yacht and can’t afford it.

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