Music Mogul Diddy Invested $10 Million To Help Elon Musk Secure Twitter
According to TMZ, who spoke with sources close to Diddy, the mogul invested at least $10 million into the social media service Twitter.
Elon used wealthy investors and loans from banks to purchase Twitter last month for $44 billion. Some of the people who financially supported him include Saudi Arabian Prince Alwaleed bin Talal and Twitter co-founder Jack Dorsey.
Our sources tell us that Diddy's 8-figure investment in Elon Musk's Twitter app is only a fraction of what he usually invests, but he knows that having a seat at the table will help him represent.
We're told Diddy and the other investors believe strongly in Elon's yet unknown vision for the bird app. However, the sources are quiet on what this grandiose vision entails.