I forgot about the magnanimous nature of banks. They love to underwrite massive billion dollar financing packages without charging any fees! And of course contact law, well that should be called contract suggestions....
I’m not saying he won’t end up paying in the end but as of now to my knowledge he hasn’t. At least that’s my understanding but if you have knowledge of moneys paid so far I would love to know about them.
Interestingly that seems to be the case with a great deal of company’s stock values.
It appears many more have come to light with this deal including the number of fake accounts and bots. I’m by no means an expert but that’s been my take on it.
Yup, Ford and Meta are down 23% in that same period. So Tesla fared worse then it's competitor while Twitter fared better than it's competitor. Interesting because one might assume if "flaws" were exposed in Twitter, that should be reflected in the stock price.
Odd, I don’t have a subscription, should be free to all. ?
I don’t assume but if you have a majic look into the stock market please share.
Unfortunately I am not privy to the underwriting fees charged by JP Morgan and Goldman Sachs for underwriting $13 billion loans, but I'll go out on a limb and say it's probably not "free".
I don't know how he "exposed" that by making the takeover offer. He (and others) have complained for awhile about bots. It has been talked about extensively during the election in 2020. Nothing is new. Elon and Twitter debated over how bots there are and nothing conclusive was determined which is the reason he is abandoning the deal. If they can't agree on who is right, that means we don't know who is right.
And although that may be the case, at this point in time it is conjecture, only time will tell the outcome in all this.
My understanding is Twitter has not been forthcoming with the information Musk asked for and if or when they sue him to complete the deal then discovery will compel them to be more transparent with this information.
