Can Elon Secure TWTR Funding?

JC Parets
October 6, 2022

Now that there’s some clarity around the Twitter $TWTR/Elon Musk deal, the focus is shifting to how exactly it will get done.

Today’s reports claim that Apollo, Sixth Street, and others have ended conversations with Musk’s team to provide debt financing.

As it turns out, $44 billion is a lot of money, even for the richest man in the world…

Today’s Hot List is a short one.

Royce & Associates LP filed a 13G revealing an increase in ownership to 10% in Forrester Research $FORR.

Here’s The Hot List, with data through October 5, 2022:

ICONIQ Strategic Partners LP filed another Form 4 reporting a small purchase in Braze Inc $BRZE.

This is ICONIQ’s fourth Form 4 filing in about two weeks. The firm has purchased over $21 million of BRZE in this time.

Last but not least, we saw bullish options flow in:

  • DraftKings Inc $DKNG
  • Chewy, Inc $CHWY
  • Faraday Future Intelligent Electric Inc $FFIE
  • Beyond Meat, Inc. $BYND

Stay tuned. We'll be back Friday with more insider action.

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All Star Charts Team

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