Quote:
Originally Posted by retiredguy123
I know that a lot of people think that Musk is a genius, but I don't. How could he even think that Twitter, which is just a website, was worth $44 billion? Why couldn't he just start his own website for almost nothing and compete with Twitter. He could even pay people to leave Twitter. And, why would he offer to buy the company for $44 billion and then ask Twitter to reveal information about their clients. That seems backwards to me. And, now he is being sued by Twitter for breach of contract. Didn't Musk have his lawyers prepare an ironclad contract, so that he couldn't be sued? The whole thing seems strange to me that a so-called business genius is involved in this mess. Just my opinion.
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I don’t believe he was ever going to pay the amount you mentioned. Always he was looking for a much lower purchase price. Too he never trusted the 5% claim that Twitter stated so naturally this was headed for a much lower settlement price. Should be fun watching the lawyers decide this one.