Elon Musk Buys Twitter for $44 Billion

Elon Musk has agreed to purchase Twitter for $54.20 per share, valuing the company at $44 billion. The deal includes $25.5 billion in committed financing and a $21 billion equity commitment from Musk. Twitter will become a privately held company. Musk plans to introduce changes such as a time-sensitive edit button, removing bots, open-sourcing the algorithm, and revisiting platform bans.

What was the premium percentage to Twitter's closing price mentioned in the press release?

What financing commitments is Elon Musk providing for the acquisition?