Binance Backs Twitter Takeover with USD 500m, Musk Could Serve as Interim CEO
The major crypto exchange Binance is backing Elon Musk’s takeover of Twitter with a USD 500m investment, a public filing showed. Meanwhile, Musk might also serve as temporary CEO of Twitter once the takeover is done.
The investment from Binance is among the largest on a list of commitments from several large investors for the deal….
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