Elon Musk’s $7.1 billion financing commitments come from the highest rungs of global finance.
The Tesla co-founder won over the Saudi prince who initially balked at his offer.
He also got a half-billion-dollar commitment from cryptocurrency exchange Binance.
Twitter founder Jack Dorsey is continuing to have discussions about keeping his holdings in the company.
AH, Capital Management is the investment advisor of A16Z and was co-founded by venture capitalist Marc Andreessen.
The Qatar Investment Authority is the world’s ninth-largest sovereign-wealth fund. Late last year,
it was part of a $125 million Series B funding round for Kodiak Robotics.
Musk secured investments from several other firms, in denominations of as little as $5 million.
Boston-based Fidelity Investments ended 2021 with $4.5 trillion of discretionary assets.
Toronto-based Brookfield Asset Management oversees about $700 billion.
Strauss Capital is a New York-based investment banking firm founded by Tom Strauss.
Vy Capital, founded by Alexander Tamas, has committed $700 million to help finance Elon Musk’s bid for Twitter.
This makes it the biggest outside contributor in the deal. Vy Capital’s investments are top that of Brookfield Asset Management and Qatar.
The firm had previously invested in companies like Boring Co. and the cryptocurrency exchange ErisX.
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