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- Elon Musk took out a $1 billion loan from SpaceX the same month he bought Twitter, per the WSJ.
- His Twitter acquisition was also funded by bank loans backed by Tesla stock.
- Musk previously borrowed $500 million from his space company between 2018 and 2020.
Elon Musk took out a $1 billion loan from SpaceX last October, the same month he took over Twitter, now known as X, according to documents cited by The Wall Street Journal.
The loan was backed by some of Musk's shares in SpaceX, and he paid it back with interest shortly afterwards, in November, per the Journal.