The report submitted by Elon Musk to the US Securities and Exchange Commission shows that Musk has received a financing commitment of 7.13 billion to purchase all of his Twitter shares. The remarkable detail in the 13D amendment text is that the world's largest stock exchange Binance offers a commitment of 500 million dollars. Thus, Binance joins the ranks of several private equity offerings.

Binance CEO Changpeng Zhao interpreted the funding commitment as a minor contribution to the cause. Once the deal is settled, Binance will become one of the biggest funders for Twitter acquisition. Despite the fact that Binance has 4 organizations with higher commitment, after the takeover of the social media giant company, the world's largest cryptocurrency exchange may have a significant share in Twitter shares. With Binance contributing to Twitter's takeover, it seems likely that the social media platform will become an even more crypto-friendly space.


In addition to the fact that there are fund providers among the investors, some investors have made a commitment with Twitter shares. Among these, Saudi Arabian billionaire businessman Alwaleed Bin Talal Bin Abdulaziz Alsaud contributes with 35 million shares. At a valuation of $54.2 per share, Alwaleed Bin Talal Bin Abdulaziz Alsaud's contribution reaches approximately $1.9 billion.

Elon Musk's raised equity commitment for the Twitter acquisition has reached $27.5 billion, according to the SEC statement. This figure has exceeded half of the purchase amount of 43 billion dollars.

Among other funders outside of Binance, Al Waleed bin Talal Al Saud has the largest stake, while other contributors are listed as Canada-based finance firm Brookfield, Sequoia Capital and Fidelity Management.

After the Twitter board accepted Elon Musk's offer of $54.2 per share, Twitter shares are still below the offer price, with a premium of $49 over the last closing price.