Factbox-How is Elon Musk Funding his $44 Billion Offer to Buy Twitter

Elon Musk Funding

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 had thrown their weight behind the offer. read more

Musk on Wednesday pledged an additional $6.25 billion in equity financing, reducing the billionaire’s margin loan against his Tesla Inc (TSLA.O) shares to zero. read more

Here’s how the deal stacks up:

** Musk increased his financing commitment to $33.5 billion, from $27.25 billion – including the $7.14 billion funding announced earlier in May.

** The margin loan from Morgan Stanley tied to his Tesla stock, which stood at $6.25 billion, has now been removed from the financing equation.

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

Reuters Graphics
Reuters Graphics

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

Equity InvestorDescriptionEquity Commitment
A.M. Management & Consulting$25 million
AH Capital ManagementVC firm founded by Marc Andreessen and Ben Horowitz$400 million
Aliya Capital PartnersSpaceX investor$360 million
BAMCOInvestment adviser$100 million
BinanceCryptocurrency firm$500 million
BrookfieldCanadian investment firm with over $690 billion assets under management$250 million
DFJ Growth IV PartnersTesla, SolarCity, SpaceX and The Boring Company investor$100 million
Fidelity Management & Research CompanyActs as the investment advisor to Fidelity’s family of mutual funds$316 million
Honeycomb Asset ManagementPrivate investment firm led by Chief Investment Officer David Fiszel$5 million
Key Wealth Advisors$30 million
Lawrence J. Ellison Revocable TrustOracle co-founder Larry Ellison’s trust$1 billion
Litani VenturesChicago-based VC firm$25 million
Qatar HoldingInvestment house founded by Qatar Investment Authority$375 million
Sequoia Capital FundInvested in The Boring Company$800 million
Strauss Capital LLC$150 million
Tresser Blvd 402 LLC (Cartenna)$8.5 million
VyCapitalInvested in The Boring Company$700 million
Witkoff CapitalNew York-based real estate tycoon Steven Witkoff’s firm$100 million
Saudi Arabian investor Prince Alwaleed bin TalalTwitter investor$1.89 billion (34,948,975 shares)