Bringing in the new investors reduces the strain on Musk's fortune.
Elon Musk has added more than a dozen new individuals and investments firms to his $44 billion proposal to buy Twitter, including Oracle founder Larry Ellison, Saudi’s Prince Alwaleed and Binance, the Chinese crypto exchange.
Musk is continuing to negotiate with Jack Dorsey, the Twitter cofounder and ex-CEO who remains a board member, to possibly take part in his bid, too. Dorsey has voiced public support for Musk’s takeover even though it may substantially change the company’s direction, a path Dorsey himself had set for it the company as CEO through last November.
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