Reply to Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

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Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why doesn’t Musk simply cut a check for the billion he agreed to and move on? He could probably pull that money out of his pocket this very minute.[/quote]
That’s half of his cash and cash equivalents.[/quote]

The billion is for specific circumstances which do not apply here.  If he were normal he would end up having to pay Twitter 1-3 billion to get out of this.  He will not.  So he will push it to the end -- trial  --- he could win.  More likely he will be ordered to close the deal.  At that point he will have to pay 5-10 billion just to get out in a deal.  At that point he might as well take it over again.[/quote]

He would settle for 1-3 in a heartbeat, but why would Twitter take that deal? His unsubstantiated claims have damaged the brand and market value. [/quote]

When you’re a billionaire like Musk, you can do this kind of thing with your money because you want to. Probably sees it as charity.

It would be better to tax his assets and pay for universal health and childcare but here we are.  [/quote]

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