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Evening Standard
Evening Standard
Business
Bloomberg

Elon Musk raises $7 billion to fund Twitter takeover

Elon Musk Twitter Inc. Tesla Inc. Larry Ellison

Tesla CEO Elon Musk

(Picture: AP)

Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter, winning the backing of some of the world’s largest investors.

The commitments come as the Tesla billionaire marshals capital to bankroll one of the biggest tech industry takeovers.

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