Elon Musk closed the purchase of Twitter

Tesla founder Ilon Musk closed the Twitter purchase deal for $ 44 billion. The previous CEO of the company paragraph agrained and its financial director of Sigal Neda left the headquarters, reports CNBC.

“The bird is free,” Musk commented on the closing of the deal.

According to Reuters, the billionaire has already conducted the first dismissals. In addition to agrav and Sigala, the head of the Legal Policy Department Vyzha Gadde and the main legal adviser Sean Ejett left the company.

According to Bloomberg, Musk asked Tesla engineers to meet with Twitter developers to check the product code.

The head of Binance, Chanpeng Zhao, in the comment of Coindesk, confirmed that Bitcoin-Birzha participated in the financing of the transaction.

“We strive to play a role in the unification of social networks and Web3 in order to expand the use and introduction of cryptocurrencies and blockchain technologies,” Zhao noted.

In May, Musk indicated in the application for SEC that Binance provided him with $ 500 million for the purchase of Twitter. On October 25, the head of the platform confirmed the intention to finance the deal. Zhao later clarified that the money was transferred “probably at the moment when I was asked about Ilon/Twitter”.

OUR Intern Says We Wired the $ 500 Million 2 Days Ago, Probably Just as I Was Being ABOUT ABOUT ELON/Twitter. https: // t.CO/GM65GHUNZC

– Cz 🔶 Binance (@cz_binance) October 28, 2022

In early April, Musk became the largest shareholder of Twitter after the acquisition of 9.2% of the shares for $ 2.89 billion.

April 14, he offered to buy a social network for more than $ 43 billion. The entrepreneur explained this by the intention to create an “inclusive arena for freedom of speech”, and not a desire to make money.

However, in May, the billionaire announced the suspension of the purchase of Twitter after the media reported about the overestimation of the audience of the platform. He also accused the social networks of manipulating users.

Twitter shareholders sued the mask due to the “chaotic process” of the company’s absorption. In July, the businessman made a counter claim.

On October 4, https://gagarin.news/ru/news/psg-sells-nft-tickets-to-friendly-matches-against-japan/ it became known about the decision of the entrepreneur to resume the process of absorption of the social network on the initial conditions – $ 54.2 per share.

Recall, on October 27, Musk published a video of visiting Twitter headquarters, hinting at the closing of the deal.

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