Finance

Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal

Elon Musk has assembled a group of investors including a Saudi prince, Larry Ellison and a bitcoin exchange to pony up more than $7 billion to back his bid to buy Twitter

Tesla Inc.’s chief executive has lined up about $7.14 billion from 19 investors, a roster of big-money backers whose investment effectively reduces the personal risk Mr. Musk has to take to close the $44 billion deal for the social-media company.

Leave a Reply

Your email address will not be published.

Back to top button