Dubai-Based Company Finances Musk's Bid to Buy Twitter
Dubai-Based Company Finances Musk's Bid to Buy Twitter

Dubai-Based Company Finances Musk's Bid to Buy Twitter

10 june, 20221 minute to read
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According to Bloomberg’s recent report, Elon Musk has received $700 million in financial support from a private Dubai-based investment company to finance the offer he made about three months ago to buy Twitter for $44 billion.

The report states, this support is the third largest in terms of value that Musk has received to finance his upcoming acquisition of Twitter. The report also report reads that the  private company to finance the deal is located in Dubai and called "Fi Capital". Its total assets are estimated at more than $5 billion.

The report adds that the founder and the owner of "Fi Capital" is an unknown German investor Alexander Tamas. Some investors have described Tamas as a "superhuman computer". Investors also claim that Tamas used to work for "Goldman Sachs" as well as was a founding member of the British financial advisory firm.

10 june, 2022
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