Shares jump as Elon Musk revises Twitter financing plan

Tesla and SpaceX chief executive officer Elon Musk (Susan Walsh/AP)

Tesla chief executive Elon Musk has revised the financing plan for his proposed 44 billion US dollar (£35 billion) purchase of Twitter.

The move has raised investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk’s concerns about the number of fake accounts on the social media network.