Published 2 years ago

Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal

Summary by Ground News

Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion. Ellison, who is also a and Tesla board member, is making the biggest contribution, pegged at $1 billion. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged 35 million Twitter shares.

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Times of India

Elon Musk bags $7.1 billion Twitter funding from Binance, Sequoia and others

Other investors named in the filing on Thursday include the worlds largest crypto exchange, Binance Holdings Ltd, Brookfield Asset Management, Fidelity Management & Research, and Qatar Holding.

2 years ago·India

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BBC News

Elon Musk lines up $7bn backing for Twitter deal

The billionaire has tapped the likes of Oracle's Larry Ellison and Sequoia to finance the takeover.

2 years ago·United Kingdom

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The Guardian

Elon Musk secures $7bn in outside funding for Twitter takeover

Investors include Larry Ellison, co-founder of Oracle and Saudi prince Al Waleed bin Talal

2 years ago·London, United Kingdom

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The Hindu

Musk secures over $7 bln funding from investors including Larry Ellison

Musk revealed in a filing he had received equity commitment letters from investors.

2 years ago·India

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Reuters

Musk to lead Twitter temporarily after $44 billion takeover - source

Elon Musk is expected to become Twitter's temporary CEO after closing his takeover of the social-media firm, a person familiar with the matter said, as the billionaire inches closer to securing funds for the deal.

2 years ago·United Kingdom

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NDTV

Elon Musk Secures Over $7 Billion Funding For Twitter Buyout: Report

Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeover of social-media platform Twitter Inc, according to a filing on Thursday.

2 years ago·New Delhi, India

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