There has been a long-drawn-out back and forth since Elon Musk “made an offer” on April 14 to buy TWTR shares for $43 billion. Or another way to put it, Musk proposed buying all Twitter stock he doesn’t own for $54.20. The current price is sitting at $37.36 and I think the deal will get down at the offer price of $54.20 (or somewhere really close).
- Elon doesn’t like to back out of things. He famously never gives up!
- TWTR did a data dump and gave everything they possibly could to Elon… and so far no big complaints
- Elon just did a meeting with the 8000 employees of TWTR explaining his plan for the company (weirdly mentions aliens and that he has no evidence they exist).
- There are no anti-trust regulatory hurdles to jump through
- Funding Secured! This time he has the backers to this company private, unlike the time he said Tesla would go private if it hit $420 a share.
I bought a measly 10 shares in total but will buy the other 90 soon
By the way, I finished the 30-day challenge and I’m still going.
Let That SINK In!
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