Musk repaid the loan in November, and it's not clear why it was taken.
Elon Musk borrowed $1 billion from SpaceX in October, about the same time as he was buying social media site Twitter.
Musk has long had arrangements to borrow money against the collateral of shares in the company he owns–the most valuable being electric car company Tesla , which is also the basis of most of the billionaire’s wealth. The unusual thing about the loan from SpaceX, which is privately held, is that it came straight from the company.Musk paid $44 billion for Twitter, now known as X, to take it private after months of legal wrangling in which he tried to drop his bid.
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