Factbox-How is Elon Musk funding his $44 billion offer to buy Twitter -Breaking
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(Reuters.) -Elon Musk won support from some of the wealthiest investors around the globe for his takeover of $44 Billion Twitter Inc (NYSE:).
Start at Oracle Corp (NYSE)’s cofounder Larry Ellison was self-described to be a friend of Musk. To Prince Alwaleed bin Talal who has previously rejected the takeover proposal, several investors had supported it.
Musk pledged $6.25 Billion in equity financing Wednesday, reducing his margin loan to Tesla Inc (NASDAQ:) Inc shares by zero.
This is how it stacks up.
** Musk increased his financing commitment to $33.5 billion, from $27.25 billion – including the $7.14 billion funding announced earlier in May.
** The margin loan from Morgan Stanley (NYSE:). The Tesla stock that he owned, valued at $6.25 Billion, was now removed from financing.
** Musk has secured commitments from banks for $13 billion in loans secured against Twitter shares eb58066c-3440-4f59-9376-46732c81eea81
According to Thursday’s filing, the following is a listing of investors that together have promised funding in excess $7 billion.
Equity Investor Description Equity Commitment
A.M. Management & – $25 million
Consulting
Marc founded AH Capital Management VC company.
Andreessen & Ben Horowitz
Aliya Capital SpaceX investor 360 million
Partners
BAMCO Investment adviser $100 million
500 million dollars in Binance Cryptocurrency company
Brookfield Canadian Investment Firm $250 Million
Over $690 billion
Manage assets
DFJ Growth IV Tesla, SolarCity, SpaceX $100 million
Partners and The Boring Company
Investor
Fidelity Management & Acts as the investment $316 million
Fidelity’s Research Company Advisor
Family of mutual funds
Honeycomb Asset Private Investment Firm Led $5 Million
The Chief Investment Officer manages the management
David Fiszel
Key Wealth Advisors $29 Million
Larry J. Ellison Oracle cofounder Lawrence J. Ellison
Revocable Trust Ellison trust
Litani Ventures Chicago based VC firm $25 Million
Qatar Holding Investment company founded by $375 millions
Qatar Investment Authority
Sequoia Capital Fund invested in The Boring $800 Million
Company
Strauss Capital LLC $150 Million
Tresser Blvd 402 LLC – $8.5 million
(Cartenna)
VyCapital invested in The Boring $700 millions
Company
Witkoff Capital New York-based real estate $100 million
tycoon Steven Witkoff’s
Firma
Saudi Arabian investor in Twitter $1.89 Billion (34.948,975
Prince shares (investor Prince shares).
Alwaleed bin Talal
How Elon Musk plans to fund his Twitter dealhttps://tmsnrt.rs/3MVjG3Mimage/pnggraphics:graphic:1https://graphics.reuters.com/MUSK-TWITTER/zgvomlewlvd/chart.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GXID:zgvomlewlvdHow Elon Musk plans to fund his Twitter dealhttps://tmsnrt.rs/3OZyRLutext/htmlgraphics:graphic:1https://graphics.reuters.com/MUSK-TWITTER/gdpzyaerbvw/index.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GXID:gdpzyaerbvw
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