Tech billionaire Elon Musk has secured fresh financing from a group of investors that includes a Saudi prince and Oracle co-founder Larry Ellison for his $44 billion buyout of Twitter, according to a new securities filing on May 5.
The world’s richest man received equity commitment letters from 19 investors, committing to pay $7.14 billion in cash or Twitter common stock (valued at $54.20 per share), according to the document.
