Wednesday, May 22, 2024

Musk SEC Filing Shows Trump Supporter Larry Ellison Invests $1 Billion in Twitter Purchase


If things weren’t bad before, get this.

A new filing from Elon Musk with the SEC shows that billionaire Larry Ellison, a huge supporter of conservative candidates and Donald Trump, has kicked $1 billion into the purchase of Twitter.

Ellison, who made his money with tech giant Oracle, hosted a Trump fundraiser two years ago. He’s donated millions to Trump and Republican PACs. His biggest donation was $15 million to a PAC supporting candidates like Susan Collins and Tim Scott.

Other major investors on the SEC report include Qatar Holding LLC, the Sequoia Capital Fund, Vy Capital, which is based in Dubai.

Musk is buying Twitter for $44 million.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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