Elon Musk Finally Closes Deal to Purchase Twitter, CNBC Reports.

Overall, Musk’s takeover is being touted as a win for the crypto community. “In the last few years, Elon has been very vocal about his stance on crypto and blockchain. Musk understands Web3 and understands the potential of blockchain technology which will be instrumental in propelling adoption forward,” Ben Weiss, CEO of Bitcoin ATM company CoinFlip, told CoinDesk.