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How is Elon Musk funding his $44 bln offer to buy Twitter

musk twittere tesla takeover elon

Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N).

From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors have now thrown their weight behind the offer.

Here’s how the deal stacks up:

** Musk increased his financing commitment to $27.25 billion, from $21 billion – including the new $7.14 billion funding announced on Thursday

** The margin loan from Morgan Stanley tied to his Tesla (TSLA.O) stock stands at $6.25 billion, down from $12.5 billion announced on April 21

** Musk has secured commitments from banks for $13 billion in loans secured against Twitter shares

twitter chart 1

Following is a list of investors who have together promised about $7 billion in funding, according to a filing on Thursday:

Equity Investor
Description
Equity Commitment
A.M. Management & Consulting
$25 million
AH Capital Management
VC firm founded by Marc Andreessen and Ben Horowitz
$400 million
Aliya Capital Partners
SpaceX investor
$360 million
BAMCO
Investment adviser
$100 million
Binance
Cryptocurrency firm
$500 million
Brookfield
Canadian investment firm with over $690 billion assets under management
$250 million
DFJ Growth IV Partners
Tesla, SolarCity, SpaceX and The Boring Company investor
$100 million
Fidelity Management & Research Company
Acts as the investment advisor to Fidelity’s family of mutual funds
$316 million
Honeycomb Asset Management
Private investment firm led by Chief Investment Officer David Fiszel
$5 million
Key Wealth Advisors
$30 million
Lawrence J. Ellison Revocable Trust
Oracle co-founder Larry Ellison’s trust
$1 billion
Litani Ventures
Chicago-based VC firm
$25 million
Qatar Holding
Investment house founded by Qatar Investment Authority
$375 million
Sequoia Capital Fund
Invested in The Boring Company
$800 million
Strauss Capital LLC
$150 million
Tresser Blvd 402 LLC (Cartenna)
$8.5 million
VyCapital
Invested in The Boring Company
$700 million
Witkoff Capital
New York-based real estate tycoon Steven Witkoff’s firm
$100 million
Saudi Arabian investor Prince Alwaleed bin Talal
Twitter investor
$1.89 billion (34,948,975 shares)

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