Monday, July 13, 2026

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

Share

★ Make Showbiz411 your Preferred Source on Google

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.

Donate to Showbiz411.com

Showbiz411 is now in its 13th year of providing breaking and exclusive entertainment news. This is an independent site, unlike the many Hollywood trades that are owned by one company. To continue providing news that takes a fresh look at what's going on in movies, music, theater, etc, advertising is our basis. Reader donations would be greatly appreciated, too. They are just another facet of keeping fact based journalism alive.
Thank you


Roger Friedman
Roger Friedman
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009, where he covered Michael Jackson, and previously wrote the "Intelligencer" column at New York magazine in the mid-1990s, where he covered the O.J. Simpson trial. He also edited Fame magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

Read more

In Other News