(Reuters) – Elon Musk has secured $7.14 billion in funding from a gaggle of buyers that features Oracle Corp (NYSE:) co-founder Larry Ellison to fund his $44 billion takeover of social-media platform Twitter Inc (NYSE:), in response to a submitting on Thursday.

Musk revealed in a submitting he had obtained fairness dedication letters from buyers together with Sequoia Capital, Brookfield, Qatar Holding and others.

The transfer comes as Musk’s margin mortgage was diminished to $6.25 billion from $12.5 billion introduced earlier, the submitting revealed.

Musk will proceed to carry talks with current holders of Twitter, together with the corporate’s former chief Jack Dorsey, to contribute shares to the proposed acquisition, the submitting confirmed.

Reuters final week reported Musk was in talks with massive funding corporations and excessive net-worth people about taking up extra financing for his Twitter acquisition and tying up much less of his wealth within the deal.