Elon Musk Twitter deal live updates: Elon Musk has finally closed the $44 billion Twitter deal and plans to become the company’s CEO. Musk visited Twitter’s San Francisco headquarters a day early with a sink, hinting that he would close the acquisition deal before the Oct. 28 deadline.
the bird is freed
– Elon Musk (@elonmusk) October 28, 2022
Elon Musk takes control of Twitter – Live Updates
9:50 a.m. – Binance confirms participation in Twitter acquisition
Binance CEO “CZ“confirmed its participation as an investor in Elon Musk’s $44 billion acquisition of Twitter. He said Binance committed $500 million to the acquisition to focus primarily on reducing spam and scams on the platform.
9:30 a.m. – Twitter facilitates the purchase and sale of NFT
Twitter will allow users to see NFTs on tweets, making it easier to buy and sell them. NFTs on @rarible, @MagicEden, @dapperlabs and @Jumptradenft
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9:10 a.m. – Elon Musk, Parag Agrawal’s departure, memes flood Twitter
Elon walking into Twitter HQ today and commencing the purge. pic.twitter.com/m3Afnw4rmP
– Hsaka (@HsakaTrades) October 28, 2022
8:45 a.m. – Dogecoin (DOGE) price plunges after Twitter deal
The price of Dogecoin (DOGE) jumped more than 21% on Thursday, hitting a high of $0.084. The price of DOGE has since fallen to $0.072, down nearly 7% in the past 24 hours.
8:22 a.m. – Elon Musk plans to become CEO and reverse lifetime bans
Elon Musk is considering becoming the interim CEO of Twitter. In addition, he would seek to reverse lifetime suspensions of users, including Donald Trump.
8:00 AM – Elon Musk fires top Twitter executives
Top Twitter executives, including CEO Parag Aggarwal and CFO Ned Segal, have resigned after Musk officially took control of Twitter. Some reports also reveal that Musk effectively fired Parag and escorted him out of the building.
7:45 a.m. – Elon Musk closes $44 billion deal with Twitter
Elon Musk closed the deal to acquire Twitter for $44 billion on Thursday night, after six months of long and complicated wrangling.