Michelle Chapman and Tom Krisher

Business, Technology, Fuel

Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion

Elon Musk Originally Musk had committed to borrowing $12.5 billion with Tesla stock as collateral to buy Twitter. (Susan Walsh/Associated Press)

Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.

May 5, 2022