Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy

[sirty143]

Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter

Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. See more for yourself here.

Your opinion is greatly appreciated.

[Bobcrypto]

This is a big venture, According to Mr Musk, it purpose is to enable free speech and eliminate spam bot etc. The funds received from big investors like Binance plus others is a great boost to buying Twitter under Musk leadership. Elon Musk began making promises about what he could do with Twitter. Good to have Twitter doing great.

[TomPluz]

With money flowing from crypto-based firms, am sure that Twitter can be the next haven for cryptocurrency industry. And this is a big good news for the industry as Twitter remains the top social media platforms where lovers of cryptos can be congregating and getting their daily fix of news and developments around and in the industry. Seeing Elon Musk leading Twitter into its new era can be a lot refreshing. I am trusting Elon Musk more than the radical left which controlled Twitter for many years.

[Freemind]

The amount that Binance has put for the purchase has been $500,000,000 I think I remember, it is not a very large amount if we take into account the total amount of the purchase of Twitter, but the important thing in this case is not the amount, but the partners and the growth. The fact that Binance now owns a part of Twitter (a small part) ensures that the blue bird social network will be much more immersed in blockchain and cryptocurrencies, and that is good news for the industry.