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 is backing Elon Musk's $44 billion bid to acquire Twitter. From a report: The Tesla and SpaceX chief executive said in a filing Thursday that he had raised over $7.1 billion in total from the investors. Oracle co-founder Larry Ellison delivered the largest check, at $1 billion, the filing revealed. Sequoia has chipped in $800 million, VyCapital $700 million, Binance financed $500 million, and Andreessen Horowitz has invested $400 million, the amended 13D filing said.

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