After a lengthy legal back-and-forth, the deal has been closed.

This morning, after months of controversy, business dealings, and legal battles, the much-lauded Twitter deal has finally gone through. For the originally-agreed price tag of $44 billion, Tesla and SpaceX CEO Elon Musk has officially taken ownership of social media platform Twitter. Twitter CEO Parag Agrawal and finance chief Ned Segal have already departed the company, and reports are coming in that Musk has already begun firing personnel and rearranging departments.

In a statement released on Thursday night, Musk offered assurances to the company’s advertising partners and investors that the platform will not become “a free-for-all hellscape, where anything can be said with no consequences!”

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk said. “There is currently great danger that social media will splinter into far-right wing and far left-wing echo chambers that generate more hate and divide our society.”

Musk’s ability to actually finance the acquisition in full is still in question, as the price tag would take a sizable chunk of his assets. That said, he has already secured funding and assistance from investment banks and prominent CEOs.

“We’re excited to be able to help Elon realize a new vision for Twitter. We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology,” Changpeng Zhao, CEO of Cryptocurrency exchange Binance, said in a statement.