Guaranteed to Last by Jim Gorman6/6/2023 ![]() ![]() ![]() Musk engaged the US investment bank to advise him during the eventful journey that led to the $44 billion purchase of the social media website and assisted in raising $25.5 billion as part of the deal, including $12.5 billion in loans secured by shares of Musk’s Tesla Inc (NASDAQ:TSLA). ![]() READ: Morgan Stanley trumps Goldman Sachs in the battle of the banks “No, we could not end up owning Twitter,” he said. Responding to a question from Bloomberg Surveillance at the World Economic Forum in Davos, Switzerland, Gorman said there is no scenario in which the investment bank could end up owning the social media platform. Morgan Stanley (NYSE:MS)'s CEO James Gorman has ruled out any chance that the investment bank could end up owning Elon Musk’s Twitter Inc (NYSE:TWTR). ![]()
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