What I've heard is that Musk is likely to lose case, but what will the damages be? The judge could order him to buy the company, or could just make him pay damages for Twitter's 'pain and suffering'.
If the stock price is trading at near what he'd have to pay then the damage Twitter suffered is lawyers fees and whatnot, but if Twitter is at $20 then the damage is like $30/share.
So Musk has somebody leak that he's really doing it, stock price goes up, and court gives him slap on the wrist instead of ruins him.
Yeah but damages from having to buy Twitter would be like $50+ billion because it'll be worthless if he buys it.
The three letters won't let a single guy own their biggest propaganda tool, as a private company with basically no rules on what he can do, so they'll either destroy it or him.
What I've heard is that Musk is likely to lose case, but what will the damages be? The judge could order him to buy the company, or could just make him pay damages for Twitter's 'pain and suffering'.
If the stock price is trading at near what he'd have to pay then the damage Twitter suffered is lawyers fees and whatnot, but if Twitter is at $20 then the damage is like $30/share.
So Musk has somebody leak that he's really doing it, stock price goes up, and court gives him slap on the wrist instead of ruins him.
I believe damages would be at least $1 billion.
Yeah but damages from having to buy Twitter would be like $50+ billion because it'll be worthless if he buys it.
The three letters won't let a single guy own their biggest propaganda tool, as a private company with basically no rules on what he can do, so they'll either destroy it or him.