<p>Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeovers of social-media platform Twitter Inc, according to a filing on Thursday.</p>.<p>Musk revealed in a filing he had received equity commitment letters from investors including Sequoia Capital, Brookfield, Qatar Holding and others.</p>.<p>The move comes as Musk's margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, the filing revealed.</p>.<p>Musk will continue to hold talks with existing holders of Twitter, including the company's former chief Jack Dorsey, to contribute shares to the proposed acquisition, the filing showed.</p>.<p>Reuters last week reported Musk was in talks with large investment firms and high net-worth individuals about taking on more financing for his Twitter acquisition and tying up less of his wealth in the deal.</p>
<p>Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeovers of social-media platform Twitter Inc, according to a filing on Thursday.</p>.<p>Musk revealed in a filing he had received equity commitment letters from investors including Sequoia Capital, Brookfield, Qatar Holding and others.</p>.<p>The move comes as Musk's margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, the filing revealed.</p>.<p>Musk will continue to hold talks with existing holders of Twitter, including the company's former chief Jack Dorsey, to contribute shares to the proposed acquisition, the filing showed.</p>.<p>Reuters last week reported Musk was in talks with large investment firms and high net-worth individuals about taking on more financing for his Twitter acquisition and tying up less of his wealth in the deal.</p>