Elon Musk
Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday.
  • Elon Musk is looking to raise up to $3 billion, according to a Wall Street Journal report.
  • It would go toward paying down some of the more expensive debt he took on to buy Twitter. 
  • In a tweet asking Musk if the reported fundraising attempt was accurate, the Twitter CEO wrote: "No."

Elon Musk is looking to line up as much as $3 billion to pay off part of the $13 billion loan package he used to acquire Twitter last year, according to the Wall Street Journal.