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Elon Musk took USD 1 Billion loan from SpaceX in October 2022 as he bought X aka Twitter for USD 44 Billion: Report

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Image Credit: twitter

Tesla CEO Elon Musk reportedly borrowed $1 billion from his space company SpaceX in October last year in the same month when he finally acquired Twitter for $44 billion. According to the Wall Street Journal, Musk tapped SpaceX “for a $1 billion loan around the time he was acquiring the social-media company formerly known as Twitter”.