Consumer law gives you certain protection varying from place to place because it is impossible to verify what you buy online, but a bid on the stock of a public company is not an Amazon purchase and hence does not have the same kind of protections.
And in a way that is Elon's play: to claim that he put that bid in with important information being withheld by the company that would have had a material effect on the bid price. A reasonable person might take the position that Elon should have done his due diligence before making that bid.
WeWork failed at that, and even the slightest increase in intrest rates might doom thosr businesses. We will see so.
Good that you survived so, facing of against 30 million in funding isn't easy, regardless of how stupid that money is.
It's an execution of the contractual terms, not an annulment of the contract.
If Twitter had gone through the current tech market drop, without Musk hanging over it, it could easily be down 60-70%, maybe even 80%.
Twitter is a terrible business on paper with the current board. It wouldn't have done well in this tech crash.
Musk must be pretty annoyed that if he had waiting about 30 days he could have gotten twitter for 60% less money.