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Binance CEO Changpeng Zhao reminded followers on X about Binance’s $500 million investment in Elon Musk’s purchase of Twitter. Changpeng Zhao also reiterated Binance’s early and vocal support for Musk’s bold move by commenting “Happy to contribute to the cause” after sharing a screenshot of headlines on Investopedia . Initial reactions to Elon Musk’s $44 billion Twitter acquisition in late 2022 were mixed .