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Andreessen Horowitz, Sequoia, Larry Ellison, Others Back Musk鈥檚 Twitter Bid With $7.1B In Support

Elon Musk Twitter Tesla

We can鈥檛 make this stuff up.

The latest chapter of the -acquisition-of- saga just introduced some new and interesting characters.

Several big name players in the VC and finance world including and chipped in $7.1 billion to support Musk鈥檚 $44 billion takeover of Twitter, according to an on Thursday. Also throwing into that $7.1 billion pot of gold were crypto exchange and asset management firm .

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Andreessen Horowitz co-founder and General Partner said in a tweet on Thursday that, 鈥淓lon is the one person we know and perhaps the only person in the world who has the courage, brilliance, and skills to fix all of these and build the public square that we all hoped for and deserve.鈥

The firm, which ranked in the top five most prolific venture investors in the U.S. market in April according to a recent 附近上门 report, invested $400 million in the Twitter bid, according to the filing.

Meanwhile, investor and co-founder threw in $1 billion while Sequoia invested $800 million and Dubai-based offered up $700 million. Interestingly, both Sequoia and also for another Musk venture: his tunnel-digging transportation startup .

Crypto exchange Binance invested $500 million and hopes its support of the Musk-led takeover will help fuse social media with Web3. 鈥淲e鈥檙e excited to be able to help Elon realize a new vision for Twitter,鈥 Binance CEO and co-founder said in a statement. 鈥淲e hope to be able to play a role in bringing social media and web3 together and broadening the use and adoption of crypto and blockchain technology.鈥

Other notable participants, according to the filing, are , a global investment house established in 2006 and founded by the Qatar Investment Authority鈥搘hich ironically does not have the greatest record on free speech鈥揳nd Canada-based

滨濒濒耻蝉迟谤补迟颈辞苍:听

 

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