And TBH, he has all the reasons to think so. He’s been openly lying about so many aspects of his businesses for a long time, manipulating markets, ignoring all the rules and regulations and only thing it resulted in, was making him wealthiest man in the world.
Expressing character traits and flaws puts a harmful spin on discussions. Think of the situation as if an unknown person did the very same things perhaps?
The actual actions taken and specific words written and recorded are the only things that will be considered most by a court ultimately (if correct process is followed).
And it is not even primary issue with Musk, it is primary issue with general economy/justice syatem that favors lying and bullying, pri ided you have enough money.
$1B is a lot of money…he has obviously determined it’s well worth it to spend a few million in legal fees to try. Even if they settle (which more than >90% of cases do) maybe he cuts that penalty in half…even if he knocks 10% of financially it’s well worth it. Even if he loses and ends up paying his legal fees and their legal fees its clear he has determined it’s well worth it.
There's no way to simply back out of a very public offer for a major social app without litigation that costs time out of your life (which is in that case more of a painful thing than losing the money). Paying capital gains (after huge deductions of course) might prove to be less by the time it's all done.