Elon Musk has secured $7.14 billion in funding from a coterie of investors including Oracle’s co-founder Larry Ellison to fund his $44 billion purchase of Twitter. Musk, the world’s ric…
Musk, the world’s richest person with a net worth valued by Forbes at $265.4 billion, also received equity commitment letters from investors such as Sequoia Capital, Brookfield, Qatar Holding, and others, according to securities filings.
One source close to the talks declined to name the firms, but Musk’s past investors have included Sequoia Capital, D1 Capital Partners and Valor Equity Partners. Oracle co-founder Larry Ellison is among the investors that is helping Musk in his takeover bid, filings show.“He has more than $10 billion of committed equity,” one source close to the situation told The Post.
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