Factbox: How is Elon Musk funding his $44 bln offer to buy Twitter

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration

May 26 (Reuters) - Elon Musk has won the backing of some of the world's wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N).

From Oracle Corp's (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight behind the offer. read more

Musk on Wednesday pledged an additional $6.25 billion in equity financing, reducing the billionaire's margin loan against his Tesla Inc (TSLA.O) shares to zero. read more

Here's how the deal stacks up:

** Musk increased his financing commitment to $33.5 billion, from $27.25 billion - including the $7.14 billion funding announced earlier in May.

** The margin loan from Morgan Stanley tied to his Tesla stock, which stood at $6.25 billion, has now been removed from the financing equation.

** Musk has secured commitments from banks for $13 billion in loans secured against Twitter shares

Reuters Graphics

Following is a list of investors who have together promised about $7 billion in funding, according to a filing on Thursday:

Reporting by Akash Sriram, Sweta Singh, Nivedita Balu and Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila and Shounak Dasgupta

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