Home News Musk reveals: These are the secret partners in the acquisition of Twitter

Musk reveals: These are the secret partners in the acquisition of Twitter

by Dubai Forum
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According to the document, no less than 18 entities have signed agreements to fund parts of the huge sum that Musk undertook to pay for Twitter, which stood at $ 44 billion. The biggest “donor” is a single person – Oracle founder Larry Allison, who pledged to invest $ 1 billion in the initiative. In second place is the Sequoia Capital Equity Fund; Which pledged $ 800 million; In third place is the Dubai VyCapital Fund, which pledged $ 700 million; In fourth place is a very surprising name – the leading crypto exchange Binance, which will invest half a billion dollars in the acquisition of Twitter; And in fifth place is the American investment fund Andreessen Horowitz, which will give $ 400 million.

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At the same time, according to the same document, Saudi Prince al-Walid bin Talal bin Abdul-Aziz al-Saud asked to buy about 35 million shares of the social network at the same price that Musk would pay for all the other shares, in order to remain one of the company’s owners. The price of all the shares he wanted to buy is about $ 1.9 billion.

DF

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