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    <title>Aaj TV English News - Technology</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 08 Apr 2026 12:38:46 +0500</pubDate>
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      <title>Musk secures over $7bn funding from investors including Larry Ellison</title>
      <link>https://english.aaj.tv/news/30285546/musk-secures-over-7bn-funding-from-investors-including-larry-ellison</link>
      <description>&lt;p&gt;&lt;strong&gt;Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter Inc, according to a filing on Thursday.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, also agreed to roll his $1.89 billion stake into the deal rather than cashing out, the filing showed.&lt;/p&gt;
&lt;p&gt;The move comes as Musk’s margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, according to the filing.&lt;/p&gt;
&lt;p&gt;Musk’s $21 billion financing commitment was also revised to $27.25 billion.&lt;/p&gt;
&lt;p&gt;Musk will continue to hold talks with existing shareholders of Twitter, including the company’s former chief Jack Dorsey, to contribute shares to the proposed acquisition, the filing showed.&lt;/p&gt;
&lt;p&gt;Qatar Holding and Dubai-based Vy Capital, also an investor in Musk’s other venture The Boring Company, are also part of the investor group.&lt;/p&gt;
&lt;p&gt;Reuters last week reported Musk was in talks with large investment firms and high net-worth individuals about taking on more financing for his Twitter acquisition and tying up less of his wealth in the deal.&lt;/p&gt;
&lt;p&gt;Larry Ellison, a board member at Tesla and a self-described close friend of Elon Musk has committed $1 billion for the funding.&lt;/p&gt;
&lt;p&gt;Twitter’s shares were up about 2.9% at $50.5 before the bell, still below Musk’s offer of $54.20.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter Inc, according to a filing on Thursday.</strong></p>
<p>Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, also agreed to roll his $1.89 billion stake into the deal rather than cashing out, the filing showed.</p>
<p>The move comes as Musk’s margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, according to the filing.</p>
<p>Musk’s $21 billion financing commitment was also revised to $27.25 billion.</p>
<p>Musk will continue to hold talks with existing shareholders of Twitter, including the company’s former chief Jack Dorsey, to contribute shares to the proposed acquisition, the filing showed.</p>
<p>Qatar Holding and Dubai-based Vy Capital, also an investor in Musk’s other venture The Boring Company, are also part of the investor group.</p>
<p>Reuters last week reported Musk was in talks with large investment firms and high net-worth individuals about taking on more financing for his Twitter acquisition and tying up less of his wealth in the deal.</p>
<p>Larry Ellison, a board member at Tesla and a self-described close friend of Elon Musk has committed $1 billion for the funding.</p>
<p>Twitter’s shares were up about 2.9% at $50.5 before the bell, still below Musk’s offer of $54.20.</p>
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      <category>Technology</category>
      <guid>https://english.aaj.tv/news/30285546</guid>
      <pubDate>Thu, 05 May 2022 23:42:18 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>Elon Musk will continue to hold talks with existing shareholders of Twitter to contribute shares to the proposed acquisition. File photo
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