Elon Musk will be America’s most indebted CEO Elon Musk will be America’s most indebted CEO Learn more

Musk will have to sell millions of Tesla shares and commit millions more to raise funds because his fortune is related to Tesla stock, SpaceX, and The Boring Company.

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Musk had previously promised 88 million Tesla shares for margin loans before the Twitter deal, though it’s unknown how much he’s borrowed. Musk has guaranteed over $90 billion worth of shares for loans, according to Audit Analytics’ study.

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Musk sold $8.4 billion worth of Tesla stock this week, according to SEC filings. “No TSLA sales planned after today,” he wrote on Thursday. But his ideas for raising the remaining $21 billion are unknown.

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