Talk of The Villages Florida - View Single Post - Elon Musk Twitter Deal
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Old 07-20-2022, 10:17 AM
MartinSE MartinSE is offline
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Originally Posted by NewRealms View Post
Missed the whole point of this exercise. It was to expose Twitter's fraud and it's going to come out in the trial, if it ever gets that far. Twitter execs fell right into the trap. Mwaaa ha ha!
Might be.

Might be that this is just a "negotiating ploy". At that level of business knives are out and dirty tricks are coming. He could have pulled out to drive the stock price down, so Twitter would be in a difficult position. My understanding is that he has $1B in jeopardy (penalty for bailing on the deal) and so, if he drives the price down just $2B from the original $45B (say down to $43B) then he risked $1B to save $2B (or more.)

Since I expect NONE of us are included on his private emails, I seriously doubt any of us KNOW what he is doing or trying to do. So many people accept what they see/hear/read today, and so many people in power lied so often that it boggles my mind to read all the statements made here with so much confidence... LOL!