Re:Elon Musk moves ahead with Twitter deal in 13D filing
by dmix on Wednesday October 05, 2022 @09:39AM
(#33095440)
I don't even think he cared much about the fake numbers in terms of the deal. I think he cares about them as a Twitter users.
He made a bet on the company that he clearly always and still does want. Then the price tanked so he made a gamble and used whatever he could to support his side.
From a purely business perspective it's not that big of a deal to risk some emails/messages leaking in discovery in exchange for a few billion dollars. And ultimately he gets what he wants regardless since it's as much a hobby as a business (like owning a sports team that loses money).
He made a bet on the company that he clearly always and still does want. Then the price tanked so he made a gamble and used whatever he could to support his side.
From a purely business perspective it's not that big of a deal to risk some emails/messages leaking in discovery in exchange for a few billion dollars. And ultimately he gets what he wants regardless since it's as much a hobby as a business (like owning a sports team that loses money).