Elon Musk: Musk's Twitter Deal threats said to put new financing on hold

Elon Musk's efforts to secure new funding that will restrict his financial commitment to his $44 billion acquisition of Twitter have been halted, according to people familiar with the subject. Musk has threatened to walk away from the transaction unless Facebook supplies him with facts to back up its claim that fraudulent or spam accounts make for fewer than 5% of its user base. Musk's attorneys sent a letter to Twitter on Monday threatening that until additional information is provided, he may walk away. Musk must spend $33.5 billion in cash to complete the transaction after arranging loan financing to cover the remainder. His liquidity is constrained since his fortune, estimated by Forbes to be $218 billion, is mostly connected to Tesla shares, the electric vehicle manufacturer he runs. According to the sources, Musk has been in talks to arrange $2 billion to $3 billion in preferred equity financing from a consortium of private equity companies led by Apollo Global...