Elon Musk Takes Over As New Twitter Chief, Binance To Invest

Today, the world woke up with the news of Tesla CEO, Elon Musk completing his Twitter acquisition for $US44 billion. Immediately after gaining authority over the social media giant, the Tesla CEO expelled many top executives along with CEO Parag Agrawal.

Now, one of the largest crypto exchanges, Binance has confirmed to be an equity investor in the Elon Musk acquired Twitter deal. This was confirmed by Binance CEO, Changpeng Zhoa or CZ where he claimed that, “ We’re excited to be able to help Elon realize a new vision for Twitter. We aim to play a role in bringing social media and web3 together in order to broaden the use and adoption of crypto and blockchain technology.”

This statement comes after the deal was confirmed in the early hours today after it was delayed for months together. Initially in May the crypto exchange Binance was assured to invest $500 million in Twitter in the elon musk