I wonder how realistic the offer is or if it's more of a PR stunt. Either way, I'm looking forward to the leftist meltdown over the sheer thought of losing their censorship-ridden echo chamber.
It's pretty damn realistic considering the share premium he's offering. The board will have to come up with a plan to increase shareholder value at the same level or higher in order to justify turning it down, otherwise they'll get sued into oblivion.
But most likely Blackrock or some other globalist entity will come to the rescue to preserve their propoganda tool.
Edit: after looking at the stock price going back further, he'd likely have to up his bid by at least $10 per share.
Vanguard is an index fund, their buying and selling is market capitalization weighted. Reading "into" their buying and selling habits is futile, their behavior is almost entirely algorithmic. It was absolutely predictable that if Elon drove up twitter's market cap, within a couple days Vanguard would have to buy accordingly to rebalance.
I wonder how realistic the offer is or if it's more of a PR stunt. Either way, I'm looking forward to the leftist meltdown over the sheer thought of losing their censorship-ridden echo chamber.
It's pretty damn realistic considering the share premium he's offering. The board will have to come up with a plan to increase shareholder value at the same level or higher in order to justify turning it down, otherwise they'll get sued into oblivion.
But most likely Blackrock or some other globalist entity will come to the rescue to preserve their propoganda tool.
Edit: after looking at the stock price going back further, he'd likely have to up his bid by at least $10 per share.
That's what I expect to happen.
There's no way globohomo will let him have twitter. No fucking way.
It would unravel so much of their work so fucking fast.
Because Elon's buying drove up the price.
Vanguard is an index fund, their buying and selling is market capitalization weighted. Reading "into" their buying and selling habits is futile, their behavior is almost entirely algorithmic. It was absolutely predictable that if Elon drove up twitter's market cap, within a couple days Vanguard would have to buy accordingly to rebalance.