{"id":442306,"date":"2022-05-05T15:18:08","date_gmt":"2022-05-05T12:18:08","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-secures-7-14b-from-larry-ellison-others-to-buy-twitter\/"},"modified":"2022-05-05T15:18:08","modified_gmt":"2022-05-05T12:18:08","slug":"elon-musk-secures-7-14b-from-larry-ellison-others-to-buy-twitter","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-secures-7-14b-from-larry-ellison-others-to-buy-twitter\/","title":{"rendered":"#Elon Musk secures $7.14B from Larry Ellison, others to buy Twitter"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a23e5f7e2d56\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a23e5f7e2d56\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-secures-7-14b-from-larry-ellison-others-to-buy-twitter\/#%E2%80%9CElon_Musk_secures_714B_from_Larry_Ellison_others_to_buy_Twitter%E2%80%9D\" >&#8220;Elon Musk secures $7.14B from Larry Ellison, others to buy Twitter&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musk_secures_714B_from_Larry_Ellison_others_to_buy_Twitter%E2%80%9D\"><\/span>&#8220;Elon Musk secures $7.14B from Larry Ellison, others to buy Twitter&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Elon Musk has secured $7.14 billion in funding from a coterie of investors including Oracle\u2019s co-founder Larry Ellison to fund his $44 billion purchase of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>.<\/p>\n<p>Musk, the world\u2019s richest person with a net worth valued by Forbes at $265.4 billion, also received equity commitment letters from investors such as Sequoia Capital, Brookfield, Qatar Holding, and others, according to securities filings.<\/p>\n<p>The move will help Musk reduce a margin loan against his stake in Tesla to $6.25 billion from the $12.5 billion announced earlier, the filing revealed.<\/p>\n<p>The Post reported on Wednesday that Musk was closing in on raising $10 billion in cash from equity co-investors \u2014 mostly venture capital firms who have backed his other companies, like SpaceX.<\/p>\n<p>The Thursday <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001494730\/000110465922056055\/tm2214608-1_sc13da.htm\">filing<\/a> listed 19 investors, including billionaire Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Al-Saud.<\/p>\n<p>The Saudi royal, who initially rejected Musk\u2019s takeover bid, saying it was too low, is now <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arently willing to contribute 35 million of his own shares of Twitter \u2014 worth $1.9 billion \u2014 to retain an investment once Musk takes the firm private, according to filings.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-06.jpg?w=1024\" alt=\"Oracle co-founder Larry Ellison is among the investors that is helping Musk in his takeover bid, filings show.\" class=\"wp-image-22148491\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-06.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-06.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-06.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Oracle co-founder Larry Ellison is among the investors that is helping Musk in his takeover bid, filings show.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>Ellison, the seventh richest person with a net worth valued at $105.7 billion. is willing to invest $1 billion, while Sequoia has pledged $800 million, the filing shows.<\/p>\n<p>VyCapital ($700 million), cryptocurrency exchange firm Binance ($500 million), and venture capitalist Andreessen Horowitz ($400 million) have also committed funds.<\/p>\n<p>Musk will continue to hold talks with existing holders of Twitter, including the company\u2019s former chief Jack Dorsey, to contribute shares to the proposed acquisition, the filing showed.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"671\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-08.jpg?w=1024\" alt=\"Musk is reportedly trying to convince Twitter co-founder Jack Dorsey to contribute shares to the takeover.\" class=\"wp-image-22148490\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-08.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-08.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-08.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Musk is reportedly trying to convince Twitter co-founder Jack Dorsey to contribute shares to the takeover.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>Reuters last week reported Musk was in talks with large investment firms and high net-worth individuals about taking on more financing for his Twitter acquisition and tying up less of his wealth in the deal.<\/p>\n<p>On Tuesday, the Wall Street Journal reported that Musk has been telling investors he aims to\u00a0take the company public again within three years\u00a0of the buyout. As previously reported by The Post,\u00a0Thoma Bravo sees an opportunity to slash costs at Twitter\u00a0and was hoping to land a high-profile deal.<\/p>\n<p>Nevertheless, other top partners at Thoma Bravo fret that jumping into bed with Musk \u2014 who has posted a slew of sometimes bizarre tweets about his plans for Twitter, including that he plans to\u00a0turn its San Francisco headquarters into a homeless shelter\u00a0\u2014 could be a disaster.<\/p>\n<p><em>With Post wires<\/em>\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/05\/05\/elon-musk-secures-7-14b-from-larry-ellison-others-to-buy-twitter\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk secures $7.14B from Larry Ellison, others to buy Twitter&#8221; Elon Musk has secured $7.14 billion in funding from a coterie of investors including Oracle\u2019s co-founder Larry Ellison to fund his $44 billion purchase of Twitter. Musk, the world\u2019s richest person with a net worth valued by Forbes at $265.4 billion, also received equity&#8230;<\/p>\n","protected":false},"author":1,"featured_media":442307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-secures-billions-twitter-comp-1.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[128859,39394,73952,73119,70584,70636,128867,10401],"class_list":["post-442306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-5-22","tag-elon-musk","tag-jack-dorsey","tag-larry-ellison","tag-mergers-acquisitions","tag-oracle","tag-prince-alwaleed-bin-talal","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/442306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=442306"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/442306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/442307"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=442306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=442306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=442306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}