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The investors provided an aggregate of approximately $7.139 billion in equity commitments.
In addition, Musk disclosed the margin loan portion of the financing was reduced to $6.25 billion from $12.5 billion. This portion was backed by Tesla (NASDAQ:TSLA) shares.
Further, the Equity Commitment Letter was amended to increase the financing commitments thereunder to $27.25 billion from $21 billion.
Musk is also having continued discussions with Twitter co-founder Jack Dorsey about retaining an equity investment in Twitter following the completion of the merger versus receiving cash in the buyout.
