Binance Invests $500 Million Joins Elon Musk in Twitter Acquisition

New filings by Elon Musk as part of his Twitter acquisition show that he has received a number of venture capital deals from outside sources for the deal, including from Binance.

document 13-D Revised filing with the U.S. Securities and Exchange Commission. It revealed a $500 million joint deal from Binance and $800 million from venture capital firm Sequoia. Fidelity also offered $316 million and a16z at $400 million.

In April, the billionaire agreed to pay $54.20 per share for Twitter, a transaction that would make Twitter a private company later this year, pending approval from shareholders and regulators.

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