It comes after it was revealed the world's richest man has 18 investors committed to collectively stump up more than $7billion worth of equity to help fund his takeover.
In a filing on Thursday, Musk said his friend the Oracle Corp co-founder Larry Ellison's trust will invest $1billion towards the $44 billion buyout.
Musk said he had also received equity commitment letters from investors including Sequoia Capital ($800m) and Brookfield ($250m) for financing of $7.14 billion.
Other investors listed included Qatari Holding ($375m) and NYC real estate investor Steve Witkoff ($100m).
The filing also listed Saudi Arabia's Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud as having committed 34,948,975 Twitter Inc shares.
The royal made the move 'in order to retain an equity investment in Twitter following completion of the Merger'.
Alwaleed had initially opposed the buyout but tweet Musk today referring to his 'new friend' who will be an 'excellent leader' at the social media giant.
https://www.dailymai...r-takeover.html
Edited by Victoria Watcher, 05 May 2022 - 04:02 PM.