Billionaire Elon Musk has lined up a string of investors to soften the blow on his hip pocket
19 new investors are set to help Musk with his 44 billion dollar purchase of Twitter.
The commitments will total 7 billion dollars, allowing Musk to reduce his own risk in the deal.
Right now, Twitter’s board has approved the deal, but it hasn’t been which has been completed.
Oracle co-founder and Musk’s friend known as Larry Elle-i-son, is the single biggest contributor of 1 billion dollars.
Other investors include a renowned Silicon Valley venture firm, Qatar Holding and crypto exchange Binance.
Many of the investors also have previous experience with Musk.
Musk is the world’s richest person and can technically afford the entire bill on his own
Musk says he plans to finance the purchase through a mix of loans, investments and cash.
