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Notes -
It looks like it's finally happening: Elon Musk Twitter deal back on in surprise U-turn
I wonder if the recovery of Tesla stock has anything to do with this reversal. TSLA got as high as $310 two weeks ago (now back at $250), which is around the same price when he originally made the offer.
It will be interesting to see what happens if it does go through. Will Elon fix the bot problem for good? (likely not). Will some famous previously banned users be restored, notably Trump? Same for Jordan Peterson, who has not tweeted since July after being forced to delete a tweet, which he has refused. Same for The Babylon Bee, which stopped tweeting out of protest. Probably. Not good news for the left though if he does succeed.
A few months ago, someone here said he analysed such things for a living in order to identify arbitrage opportunities and this was a sure thing, since Musk had no case. He also said that the decision would be made quickly. It now looks like he was probably right. Does anyone have a link?
That guy made me a few hundred bucks.
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