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Musk Gets Extra $7 Billion in Financing for Twitter

Duration: 05:02Views: 4.3KLikes: 77Date Created: May, 2022

Channel: Bloomberg Technology

Category: News & Politics

Tags: bloomberg

Description: Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter. Dan Ives of Wedbush says this new financing is good for Tesla and Twitter shareholders. He's on "Bloomberg The Open."

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