Elon Musk’s Hand-Picked Twitter Investors Confirm Some of His Critics’ Worst Fears

Tesla CEO Elon Musk has corralled a group of 19 billionaires, firms, and funds to invest more than $7 billion to finance his takeover of Twitter, which he’s said he pursuing in the name of “free speech.” Musk is on the hook for $44 billion to buy the platform, which he won’t be able to afford unless he pledges his Tesla shares for a loan. With these new investors, though, he’ll only have to personally put up half that amount.

Musk’s purchase has been cheered by figures on the right and far-right and...