Elon Musk secures over $7 billion more in Twitter funding

CNBC reports that according to an SEC filing on May 5, Musk has procured another $7.14 billion from a group of investors to buy Twitter. Some of the investors include Oracle co-founder Larry Ellison and Saudi Arabian Prince Alwaleed bin Talal Al Saud, who initially objected to the buyout but has seemingly been convinced to invest. Qatar Holding and Vy Capital are part of the investor group as well. CNBC reports that according to the filing, Musk's margin loan has been reduced to $6.25 billion.

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