April 19 (Reuters) – Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc (TWTR.N) private and is planning to launch a tender offer in about 10 days, the New York Post reported on Tuesday, citing two sources familiar with the matter.
The billionaire has tapped Morgan Stanley to raise another $10 billion in debt, according to the report.
The social media company adopted a “poison pill” last week to protect itself from its second-biggest shareholder’s $43 billion buyout offer.
Twitter and Tesla did not immediately respond to Reuters’ requests for comment.
Reporting by Sonia Cheema and Yuvraj Malik in Bangalore; Editing by Anil D’Silva