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Elon Musk raises another $7 billion for Twitter (Binance also borrows Musk)

  • May 5, 2022
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Elon Musk, who started April buying 9.2% of Twitter, reached an agreement at the end of the month to buy Twitter entirely. About $44 billion While $21 billion

Elon Musk, who started April buying 9.2% of Twitter, reached an agreement at the end of the month to buy Twitter entirely. About $44 billion While $21 billion of this purchase price, which was determined as , will be met from Musk’s equity, the remainder will be completed. commitments made.

While Elon Musk is also applying for credit for the purchase, he also continues to garner support from investors around the world. Document filed today with US Securities and Exchange Commission (SEC) for Elon Musk to buy Twitter List of companies that have decided to fund Musk and how much they will pay. revealed.

Musk raises $7.1 billion

According to the SEC document, Elon Musk has so far been used to buy Twitter. Reached $7.1 Billion Commitment from 18 Companies† While $5.2 billion of them was listed as cash, an investor pledged shares via Twitter. An interesting name also popped up among the companies that supported the purchase of Elon Musk to Twitter.

Binance Helps Elon Musk Get Twitter

According to SEC documents Binanceto Musk as soon as Elon Musk bought Twitter $500 million cash committed to providing support. With the backing of the world’s largest cryptocurrency platform, Elon Musk, a name closely followed by the cryptocurrency industry, has already started setting up some theories.

All the companies that have announced that they will support Elon Musk and the money they will give

  • AM Management & Consulting – $25 Million
  • AH Capital Management – ​​$400 million
  • Aliya Capital Partners – $360 Million
  • BAMCO – $100 Million
  • Binance – $500 Million
  • Brookfield – $250 million
  • DFJ Growth IV Partners – $100 Million
  • Fidelity Management & Research Company – $316,139,386
  • Honeycom Asset Management – ​​​​​​$5 Million
  • Top Wealth Advisors – $30 Million
  • Lawrence J. Ellison Revocable Trust – $1 Billion
  • Litani Ventures – $25 Million
  • Qatar Holding – $375 million
  • Sequoia Capital Fund – $800 Million
  • Strauss Capital – $150 Million
  • Tresser Blvd 402 – $8.5 million
  • VyCapital – $700 million
  • Witkoff Capital – $100 Million
  • Prince Al Waleed bin Talal Al Saud (Al Walid bin Talal) – 34,948,975 shares ($54.20 each – $1 billion 894 million 234 thousand)

Source: Web Tekno

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