• After an SEC filing, this week revealed that several companies had provided financial support to the acquisition of the social networking site.
• Alison will contribute $1 billion to Sequoia, making him the biggest shareholder. Sequoia is investing $800 million, while Binance is adding $500 million.

As reported by the United States Securities and Exchange Commission, there are 18 capital investors supporting Elon Musk’s purchase of Twitter (NYSE) at 44 billion dollars.

Oracle (NYSE) co-founder Larry Ellison is one of those firms that will back the deal. Sequoia Venture Capital Company with $800 millions follows.

Other investment firms leveraging Musk’s bid include VyCapital, a global technology investment firm that is putting up $700 million, and cryptocurrency exchange Binance that has pledged $500 million.

Capital Management AH, LLC, which will invest $400 million, Qatar Holding, LLC, will contribute $375million, Fidelity another $316million, Aliya Capital Partners LLC, Brookfield will have $250 million, Brookfield will be contributing $250 million.

The billionaire investor and principal shareholder in Tesla (NASDAQ:), and SpaceX has now secured $7.14 Billion, which will halve his $12.5 billion margin loan to finance the Twitter purchase.

The social network’s majority shareholder, Saudi Prince Alwaleed Bin Talal Abdulaziz Alsaud, who had previously rejected Musk’s initial offer, has pledged to buy a total of 34,948,975 shares of the company worth about $1.7 billion. .

A tweet was posted by the prince on April 14.

I don’t think @Elon Musk’s proposed offer ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects. Being one of Twitter’s largest long-term shareholders, @Kingdom_KHC & I decline this offer.

To The Flipside

• Musk’s subsequent offer of $44,000 for the company led to the final approval of the sale by the board of directors.
• At the moment, the stock trades at less than 50 dollars.

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