I just heard about this today. So either Elon or Trump is lying.
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I believe that Herschel needs to release his CT scans!
https://www.yahoo.com/news/elon-musk...035902047.html
Musk fired back at Trump.
They're just having fun. Trump was right on the money with Musk pulling out of the deal, though. No one else in the world saw it coming.
Of course they did.
This woman is a professor at Tulane and saw this coming back in May.
Forbes said the same thing back in May.
Whatever the hell this mess of a page is saw it happening a month ago.Quote:
The markets are reacting as if he is going to back out of the deal, which could well be a possibility, according to Michael Hewson, chief markets analyst at CMC Markets, who added, “This is straight out of the Musk playbook, keeping shareholders on their toes.”
The idea that this was some out of the blue thing that only super genius Trump saw coming is laughably ignorant.
All the futures trading guys like Musk do and he couldn't see a market downturn in April when he agreed upon a controlling interest price at 54.20 a share? This is a man that has been playing the short/long game with crypto and other stocks for years. Not to mention, had consistently talked about an impending recession. Not very smart business sense. Its not that difficult to know why he backed out of the deal when the share price has dropped nearly 30% from his offer price.
Anyone who has invested could see it coming once stock shares took a significant hit. In fact, the news of him buying controlling interest is the only reason why the stock didn't dump further.
He was also going to buy controlling interest at an inflated price. Its easy to use excuses about information rights and bots but the reality is he bought the stock at a premium and then was going to lose another 30% as shares depreciated during the more recent dump. Not to mention he had to leverage and borrow against very profitable Tesla stock (in a bull market) to finance the 44 billion dollars it would take to acquire a social media platform. Social media platforms that are not nearly as profitable and have significantly more volatility in price.
It was a bunch of smoke.
A bunch of smoke he brilliantly agreed to in a binding contract that Twitter has a duty to it's own shareholders to enforce in a court that has only once in it's history found in favor of the side trying to pull out of the deal.
This is galaxy brain stuff that you and I could never comprehend.
You're such a weird person. You've been "letting it all out" on this board enough for all of us. You're a strange miserable **** that seems to think researching **** to post on this **** hole is somehow making a difference. It's literally a very strange personality trait.
You'd be making as much of a difference if you sat in front of your bathroom mirror repeating Beetlejuice three times in a row.