While the final terms of the deal are still being worked out, Musk also encouraged other existing shareholders of Twitter to contribute their shares to the buyout.
In a Thursday SEC filing, Elon Musk listed the names of the 18 individuals who got on board with him for a combined $7 billion on his successful bid to take over the social media giant.
The filing also listed Saudi Arabian Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, the same man who had previously and publicly rejected Musk's offer to buy Twitter.
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View on RumbleThe Saudi prince, according to the Daily Mail is listed as "having committed 34,948,975 Twitter Inc shares." The Mail further indicates that "The royal made the move 'in order to retain an equity investment in Twitter following completion of the Merger.'"
Larry Ellison was also on the list, who has worked closely with Musk on business dealings in the past. Ellison, the co-founder of Oracle, was also instrumental in mediating between US authorities and the Chinese social media platform TikTok. Ellison himself has committed a billion dollars toward the deal.
Also present on the list were investment agencies such as Sequoia Capital and Brookfield.
While the final terms of the deal are still being worked out, Musk also encouraged other existing shareholders of Twitter to contribute their shares to the buyout, to be a part of the new dynamic and benefit from it.
Musk also indicated during the filing that he plans to take over initially as CEO of the company for "a few months," not giving any specific date ranges, but saying that his role as CEO would be short-term in nature.
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