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Elon Musk secures over $7-bn funding in new financing for Twitter buy

Expected to serve as temporary Twitter CEO

Elon Musk. (Photo: Bloomberg)
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Elon Musk. (Photo: Bloomberg)

BloombergAgencies
Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter, winning the backing of some of the world’s largest investors. 

He was also expected to serve as temporary chief executive officer of Twitter for a few months after he completes the deal, CNBC reported on Thursday.

The equity commitments come as the Tesla billionaire marshals capital to bankroll one of the biggest tech industry takeovers. The investors named in the filing on Thursday include crypto exchange Binance, Brookfield Asset Management, Fidelity Management & Research, and Qatar Holding.

Musk has also won the support of

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