Elon Musk withdraws $44bn bid to buy Twitter(theguardian.com) |
Elon Musk withdraws $44bn bid to buy Twitter(theguardian.com) |
My point being, it's somewhat ridiculous to expect a $44 billion transaction to go like this:
- I'll buy this for 44 bn.
- Nah, or wait, alright.
- Alright, I'm buying.
That's big money and probably a lot of advisors are involved. It's still possible that Elon will eventually buy Twitter. If not, I will be inclined to think that it was either not well-thought out proposal or a trick to sell Tesla stock...
His net impact is good, unlike my cheeseburgers.