Twitter Stock Leaps As Elon Musk Gets $7.1 Billion In New Takeover Financing

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The Street

By Martin Baccardax Elon Musk looks to have won over Saudi Prince Alwaleed Bin Talal, while bringing on board a series of new equity investors, in his $44 billion pursuit of Twitter. Updated at 6:48 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares moved higher Thursday after Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk said he’s received around $7.1 billion in new equity funding, including a $1 billion contribution from Oracle (ORCL) – Get Oracle Corporation Report founder Larry Ellison, to help finance his $44 billion takeover of the social media group. In Securities and Exchange …

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