Twitter, Inc. $($NYSE: TWTR$)$ announced on April $25,2022,$ that it has entered into a definitive merger agreement to be acquired by an entity wholly owned by Elon Musk for $$54\mathrm{.}20$ per share in cash. Twitter will become a privately held company once the leveraged buyout $($LBO$)$ transaction is completed.

Assume that Elon Musk will have to repay all existing Twitter debt, and he will finance the transaction with bank debt, some of the Twitter cash on the balance sheet and an equity contribution. Consider the following assumptions below for the purchase of Twitter $($all values are in $ millions$).$

Equity Purchase Value $44,000$

New Revolver $($undrawn at closing$)500$

New Bank Debt $25,500$

TWTR Existing Debt $5,159$

TWTR Cash $($pre$-$closing$)6,869$

TWTR Required Cash $($post$-$closing$)5,000$

Financing Fees $255$

M&A Fees $220$

What is the sponsor's equity value in the sources and uses of funds table?