Apollo is said to be considering participating in a bid for Twitter.

The personal fairness agency Apollo World Administration is contemplating taking part in a bid for Twitter by providing debt financing to potential patrons, together with the Tesla chief government Elon Musk, in keeping with an individual with data of the state of affairs.

No choices have but been made, mentioned the individual, who requested anonymity as a result of the talks have been confidential.

The Wall Road Journal earlier reported Apollo’s potential participation in a bid.

Mr. Musk, the world’s wealthiest man who additionally leads the rocket maker SpaceX, final week put ahead a roughly $40 billion bid to purchase Twitter. Mr. Musk, whose wealth is essentially tied up in inventory, didn’t supply any particulars about financing such a deal.

Traders have been skeptical that he would have the ability to cobble collectively the funds wanted to purchase Twitter. Analysts have estimated Mr. Musk would want $15 billion to $20 billion in debt to fund his efforts. He not too long ago amassed a greater than 9 % stake within the firm.

Final week, Twitter introduced it was utilizing a way known as a “poison tablet,” which might make it considerably tougher for Mr. Musk to accumulate greater than 15 % of the corporate. Twitter mentioned the defensive maneuver wouldn’t cease the corporate from holding talks with any potential purchaser, and would give it extra time to barter a deal that Twitter’s board believes greatest displays the corporate’s worth.

Mr. Musk’s strategy seems to have stirred different potential patrons. A minimum of one different personal fairness agency, Thoma Bravo, has expressed curiosity in buying Twitter, The New York Occasions beforehand reported.

Mr. Musk, for his half, seems undeterred. On Saturday, he tweeted the phrases “Love Me Tender” alongside musical notes, a seeming reference to each the Elvis Presley ballad by the identical title and a “tender supply” through which Mr. Musk would take his supply on to shareholders.

Apollo has expertise within the media business. Final yr, it acquired AOL and Yahoo in a deal value $5 billion.