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Sequoia, Binance and a16z back Elon Musk’s $44 billion Twitter bid

A group of nearly two dozen investors, including Sequoia Capital, Andreessen Horowitz, crypto exchange Binance and asset management firm Fidelity, has invested over $7.1 billion to back the Tesla and SpaceX chief executive Elon Musk’s $44 billion bid to acquire Twitter. Oracle co-founder Larry Ellison, who is also an investor in Tesla, delivered the largest check, at $1 billion, a Thursday filing revealed. Sequoia has chipped in $800 million, VyCapital $700 million, Binance financed $500 million and Andreessen Horowitz invested $400 million, the amended 13D filing said.

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