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.