Elon Musk Increases His Commitment for Twitter Takeover to $33.5B, TWTR Stock Goes Up

Initially, $Tesla(TSLA.US)$ Musk was committed to paying $27.3 billion in cash for the takeover. Now, as he increased this sum to $33.5 billion, the amount of debt he will have to take on from banks is lower.
Despite some concerns about Elon Musk taking over $Twitter (Delisted)(TWTR.US)$ , Tesla CEO is still willing to make the acquisition. As the latest filing with the SEC shows, Musk has increased his commitment to the deal to $33.5 billion. Besides, Musk has said he is still looking for more outside investors to help him with the takeover. Currently, he is in talks with Twitter founder and former CEO Jack Dorsey regarding financing and rolling shares of existing stockholders over.
Yesterday, after the announcement, TWTR shares jumped. The stock closed in the green, at $37.16 per share. Further, after hours, it added another 5.62% to $39.25.