Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayaden's correspondent in South Lebanon: IOF launch flares over Markaba
Russia leaves intergovernmental agreement with countries of Euro-Arctic region on cooperation in emergency prevention and response: Moscow
PIJ: These reports aim to sow discord and incite against our Palestinian people and the camps
PIJ: We deny reports that the movement is strengthening its capabilities in Syria
Taiwan’s President: Taiwan will adopt a self-defense strategy to confront China’s threats.
Taiwan’s President: “One country, two regimes” is a red line for Taiwan.
Taiwan’s President: Beijing continues to increase military drills and gray zone harassment near Taiwan.
Palestinian sources: Apache helicopters open fire over Tubas in northern West Bank.
No specific date for a ceasefire in Ukraine, Trump says.
Witkoff will meet Putin in Moscow next week, Trump says

Musk's Twitter deal backed by secretive Dubai-based firm - Bloomberg

  • By Al Mayadeen English
  • Source: Agencies
  • 9 Jun 2022 22:00
  • 1 Shares
2 Min Read

According to Bloomberg, Elon Musk's Twitter deal has received $700 million from a not-so-well-known firm called Vy Capital.

  • x
  • Dimitrios Kambouris / Getty Images
    Elon Musk (Photo: Dimitrios Kambouris/Getty Images)

A Bloomberg report reveals that not only big names such as Sequoia Capital and Larry Ellison support Elon Musk's Twitter bid, but also a Dubai-based not-so-well-known investment firm.

Vy Capital, a global technology investment firm that does not have a developed website or contact information, has assets worth more than $5 billion and backed the Twitter bid with $700 million, making it the third-largest outside equity investor in the deal.

#ElonMusk has threatened to walk away from his $44 billion buyout deal for #Twitter Inc if the social media company fails to provide data on spam and fake accounts. pic.twitter.com/NVq1aSGNhi

— Al Mayadeen English (@MayadeenEnglish) June 7, 2022

Not much is known about the company's founder, Alexander Tamas except that he once worked with billionaire Yuri Milner. Top venture capitalists Marc Andreessen and Ben Horowitz described him as "Milner's human supercomputer." He also worked at Goldman Sachs and was one of Arma Partners' founding members. 

Tamas had invested in other companies owned by Musk, such as SpaceX, Neuralink, and Boring. According to Bloomberg reports, some of Vy's public assets included holdings in Activision Blizzard and Shopify, though those positions closed by 2018, as per regulatory filings.

On April 21, Tamas' Twitter account liked a tweet by Musk that said Twitter should "authenticate all real humans" and kicked off the recent bot dispute that has snagged the takeover bid.

Also, in a 2019 interview, Tamas echoed Musk's sentiments on free speech, "What I think is misguided is the idea that our social media platforms should govern what we can and cannot see," noting that allowing private firms to become arbiters of free speech would be "dangerous."

  • Twitter
  • Elon Musk
  • Dubai

Most Read

Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025
The West delivers 1,000th military supply aircraft to 'Israel' since the Gaza genocide.

West sends 1,000th arms aircraft to 'Israel' since Gaza genocide

  • Palestine
  • 20 Nov 2025
Hezbollah releases the names of the four martyred with Tabatabai

Hezbollah releases the names of the 4 martyred alongside Tabatabai

  • West Asia
  • 24 Nov 2025

Coverage

All
In Five

Read Next

All
Bolsonaro begins 27-year sentence for coup plotting and conspiracy
Politics

Bolsonaro begins 27-year sentence for coup plotting, conspiracy

Maduro leads a bicentennial ceremony honoring Bolivar’s Sword of Peru.
Politics

Maduro leads bicentennial ceremony honoring Bolivar’s Sword of Peru

The Knesset advances a bill allowing Israelis to own property in the occupied West Bank.
Politics

Knesset advances bill allowing Israelis to 'own property' in West Bank

From Alps to Andes: Fast climate shifts endanger water, biodiversity
Environment

From Alps to Andes: Fast climate shifts endanger water, biodiversity

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS