Elon Musk Gets $7 Billion in New Funding for Twitter Deal

Elon Musk has assembled a group of investors including the crown prince of Saudi Arabia, Larry Ellison, and a bitcoin exchange to raise more than $7 billion. to return his bid buying Twitter

The CEO of Tesla Inc. received letters of commitment about $7.14 billion from a group of 19 investors. The biggest contribution comes from Prince al-Waleed bin Talal of Saudi Arabia, who agreed to keep his nearly $1.9 billion stake in Twitter after Musk took over, the disclosure said.

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