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Elon Musk's wealthy friends will contribute over $ 7 billion to the acquisition of Twitter

2022-05-06 16:27:22Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Elon Musk's wealthy friends will contribute over $ 7 billion to the
Elon Musk

Elon Musk's wealthy friends will contribute $ 7.14 billion to support the billionaire's bid to buy the social media platform Twitter.

On Thursday, the Tesla chief said 19 investors had backed his idea to buy Twitter for $ 44 billion, including people from the cryptocurrency world, Silicon Valley and Wall Street.

The largest amount as a contribution, came from Oracle founder and Tesla board member Larry Ellsion with $ 1 billion, writes Euronews.

The other investors were the Binance cryptocurrency platform, a Saudi prince and venture from Sequoia, which has backed other companies like Apple and Google.

Another investor that supports Musk is Qatar Holding, which will contribute $ 375 million and Fidelity $ 316 million.

Binance founder Changpeng Zhaeo said the company had invested $ 500 million and described Musk's acquisition of Twitter as a step towards Crypto Twitter, to help his business.

 


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