Musk himself admitted last month that Twitter had seen a massive drop in revenue and came to talk about the risk of possible bankruptcy.
Elon Musk seek new investors for Chirping and offering shares at the same price for which he acquired the company just a few months ago, according to various specialized media.
The notification was made by Semafor and confirmed, among others, by the Wall Street Journal, after contacting investors who have received this new offer to invest money in the social network.
Among them is Ross Gerberchairman of an investment firm that had contributed just under a million dollars to the deal in which Musk took over Twitter and was approached by the company on Thursday about the possibility of buying more shares.
According to these media, the bonds are being offered at a price of $54.20, the same price Musk paid and which valued Twitter at around $44 billion.
The billionaire has been trying for months to break or renegotiate the deal he had reached to take over the company. which has been the subject of numerous controversies since it was acquired and has seen numerous advertisers withdraw their advertising.
Musk himself admitted last month that Twitter had seen a massive drop in revenue and went so far as to talk about the risk of a possible failure in the future.
As part of the purchase transaction, the company took on approximately $13 billion in debt, so it will face large interest payments for years to come.
Musk, for his part, has sold billions of dollars in Tesla shares in recent months, the electric vehicle company he manages and in which he has concentrated most of his immense fortune.
