Elon Musk Lures New Investors to Fund His Twitter Buyout
Posted on 05/05/2022
Tesla Boss Elon Musk has brought in more than a dozen new investors to help fund his US$ 44 billion acquisition of Twitter. Some of these investors include billionaire Larry Ellison of Oracle, Qatar’s sovereign wealth fund, Binance, and the venture capital firm Sequoia Capital. The investors together will contribute US$ 7 billion to help fund Twitter’s purchase, with the remaining coming from Musk’s own accounts or through loans.
| Equity Investor | Aggregate Equity Commitment |
|---|---|
| Lawrence J. Ellison Revocable Trust | $1,000,000,000 |
| Sequoia Capital Fund, L.P. | $800,000,000 |
| VyCapital | $700,000,000 |
| Binance | $500,000,000 |
| AH Capital Management, L.L.C. (a16z) | $400,000,000 |
| Qatar Holding LLC | $375,000,000 |
| Aliya Capital Partners LLC | $360,000,000 |
| Fidelity Management & Research Company LLC | $316,139,386 |
| Brookfield | $250,000,000 |
| Strauss Capital LLC | $150,000,000 |
| BAMCO, Inc. (Baron) | $100,000,000 |
| DFJ Growth IV Partners, LLC | $100,000,000 |
| Witkoff Capital | $100,000,000 |
| Key Wealth Advisors LLC | $30,000,000 |
| A.M. Management & Consulting | $25,000,000 |
| Litani Ventures | $25,000,000 |
| Tresser Blvd 402 LLC (Cartenna) | $8,500,000 |
| Honeycomb Asset Management LP | $5,000,000 |