Here is a breakdown of financing Elon has secured for his twitter deal.
Equity Investor | Aggregate Equity Commitment |
---|---|
A.M. Management & Consulting | 25,000,000 |
AH Capital Management, L.L.C. (a16z) | 400,000,000 |
Aliya Capital Partners LLC | 360,000,000 |
BAMCO, Inc. (Baron) | 100,000,000 |
Binance | 500,000,000 |
Brookfield | 250,000,000 |
DFJ Growth IV Partners, LLC | 100,000,000 |
Fidelity Management & Research Company LLC | 316,139,386 |
Honeycomb Asset Management LP | 5,000,000 |
Key Wealth Advisors LLC | 30,000,000 |
Lawrence J. Ellison Revocable Trust | 1,000,000,000 |
Litani Ventures | 25,000,000 |
Qatar Holding LLC | 375,000,000 |
Sequoia Capital Fund, L.P. | 800,000,000 |
Strauss Capital LLC | 150,000,000 |
Tresser Blvd 402 LLC (Cartenna) | 8,500,000 |
VyCapital | 700,000,000 |
Witkoff Capital | 100,000,000 |
HRH Prince Alwaleed Bin Talal Bin Abdulaziz | 1,894,234,445 |
Total | 7,138,873,831 |
Total financing commitment secured by Elon is $7.14 billion. Prince Alwaleed already owns 34.95 million shares of Twitter. Elon already owns 73.12 million shares (~9.6%) out of 764.18 million shares.
Check this link for detailed Schedule 13D filing.
The largest investment is by Lawrence J. Ellison Revocable Trust of $1 billion. “The Lawrence J Ellison Revocable Trust”, based in Walnut Creek, serves as the personal single family office of Larry Ellison. The firm is known to be a venture capital and private equity investor. Larry Ellison, the executive chairman of Oracle.
$800 million will be provided by Sequoia Capital. Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California and mainly focuses on the technology industry. Donald Valentine founded Sequoia Capital in 1972.
$700 million will be provided by VyCapital. Vy Capital is an investment firm that focuses on the internet and software industry. It was founded in 2013 by Alexander Tamas and is headquartered in Dubai, United Arab Emirates. Alexander, a German national, is the founder of Vy Capital which he started with a vision of building an investment firm designed to invest in some of the world’s leading technology companies and hold them for decades.
$500 million will be invested by Binance. Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. [Wikipedia]
AH Capital Management, L.L.C., doing business as Andreessen Horowitz, operates as a venture capital firm. The Company invests in software and technology. Andreessen Horowitz. $400 million will be invested by AH.
Aliya is the Investment Manager of the Fortune Pre-IPO Fund, investing in innovative and disruptive companies including Airbnb, SpaceX, Robinhood, Grab, Brex, Chime, Stripe, Impossible Food and Paytm, among others. Aliya Capital Partners will invest $360 million.
The smallest investment in the lot will be from Honeycomb Asset Management LP of $5 million. It is a private investment firm led by Founder and Chief Investment Officer David Fiszel. Honeycomb focuses on innovation and specializes in long/short equity and select private investment opportunities. Honeycomb invests globally across various industries and sectors, including in technology, media, telecommunications and consumer-related investments with a mission statement to invest in the future and short the past. Honeycomb was founded in 2016 and is based in New York.